Governor vetoes bill that would have increased affordable senior housing access
By
Kimberly Bonvissuto
Oct 17, 2023
A bill that would have increased California’s goal for development of affordable senior housing has been struck down by the governor.
Brookdale Senior Living reports 23 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Oct 11, 2023
Brookdale Senior Living reported 23 consecutive months of year-over-year weighted average occupancy growth in an update released Monday.
Senior living poised to become ‘darling child’ of real estate, expert says
By
Kathleen Steele Gaivin
Oct 06, 2023
The senior living sector is poised for recovery over the next 12 to 18 months, according to Aron Will, CBRE’s vice chair and co-head of National Senior Housing Practice Capital Markets. In fact, he said,...
Senior living occupancy could reach pre-pandemic levels next year: NIC
By
Kimberly Bonvissuto
Oct 05, 2023
Sustained supply-demand trends could drive senior living occupancy rates to return to pre-pandemic levels in 2024, according to NIC MAP Vision and the National Investment Center for Seniors Housing & Care.
Train employees for ‘acuity creep’ or face potential risk
By
Kimberly Bonvissuto
Oct 03, 2023
DENVER—The level of needs of older adults moving into assisted living communities today is similar to that of seniors who would move into nursing homes in the past, and if operators and providers don’t...
Diversified Healthcare Trust’s senior living portfolio continues to struggle following merger collapse
By
Kimberly Bonvissuto
Sep 26, 2023
Diversified Healthcare Trust’s senior housing operating portfolio continues to struggle in its post-pandemic recovery, according to a monthly performance update released Monday.
Berkadia secures $40.8 million in financing for communities in 3 states
By
Kathleen Steele Gaivin
Sep 22, 2023
Berkadia Seniors Housing & Healthcare has financed a skilled nursing facility in Idaho, a transitional care facility in Nevada, and an independent living, assisted living and memory care community in Oregon...
Senior living occupancy on track for 9th consecutive quarterly gain
By
Kathleen Steele Gaivin
Sep 14, 2023
Senior living (independent living and assisted living, including memory care) is “on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the...
Brookdale Senior Living sees 22 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Sep 13, 2023
August brought the highest number of move-ins in the past five years, fueling 22 consecutive months of year-over-year weighted occupancy growth for Brookdale Senior Living, according to an August occupancy...
Business briefs, Sept. 13
By
Kathleen Steele Gaivin
Sep 13, 2023
Brookdale achieves highest number of monthly move-ins in 5 years … Proposed rule would establish first-ever federal adult protective services program regulations … Bill seeks to expand price transparency...