With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Invesque to focus on simplifying portfolio, capital structure: CEO
By
Kimberly Bonvissuto
Mar 11, 2022
Invesque in 2022 will focus on simplifying its portfolio and capital structure after a record year for dispositions in 2021, Chairman and CEO Scott White said Thursday during a fourth-quarter earnings...
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.
COVID-19 relief, immigration top ASHA’s lobbying efforts
By
Kimberly Bonvissuto
Feb 10, 2022
The American Seniors Housing Association kicked off its second Senior Living Strong Virtual Lobbying “Fly-In” by advocating for additional COVID-19 relief and immigration reform.
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Relief payment formula ‘a slap in the face’ to assisted living, industry leaders say
By
Kimberly Bonvissuto
Dec 16, 2021
Calling the federal government’s methodology for determining COVID-19 relief payments “unconscionable,” one senior living association said it amounts to “a slap in the face” to caregivers.
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
Assisted, independent living move-in rates reached record post-pandemic highs in June: NIC
By
Amy Novotney
Sep 07, 2021
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued...