Lifespace Communities aims to get, keep employees with double-digit percentage wage increases
By
Kathleen Steele Gaivin
Dec 02, 2021
With an eye toward recruitment and retention, and maybe even luring some previous employees back, Dallas and West Des Moines, IA-based Lifespace Communities is investing $17 million into wage increases,...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Brookdale Senior Living, Omega Healthcare Investors, Ventas and Welltower held third-quarter earnings calls Friday.
States, courts take actions that complicate vaccine mandate effects
By
Kathleen Steele Gaivin
Nov 01, 2021
So far, courts across the country—all the way up to the U.S. Supreme Court—have sided with state governments on imposed vaccine requirements. The justices declined Friday to even hear a case challenging...
Ensign Group launches new captive REIT
By
Kathleen Steele Gaivin
Oct 29, 2021
The Ensign Group is launching a new captive real estate investment trust, executives announced Thursday during a third-quarter earnings call.
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
Mather prepares to enter third state armed with $300 million construction loan
By
Kathleen Steele Gaivin
Oct 15, 2021
Senior living provider Mather has secured $300 million in construction financing to build The Mather, a life plan community, in Tysons, VA.
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Pandemic may cause increase in need for LTC for people living with dementia
By
Amy Novotney
Sep 02, 2021
The ongoing COVID-19 pandemic could cause a significant rise in the number of people living with dementia, according to a group representing more than 100 Alzheimer’s and dementia associations globally....