Invesque is “all about simplicity” this year as the investment company continues to angle its portfolio toward private-pay senior housing, CEO Scott White said Thursday.
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
Sunrise’s revised management agreement sign of things to come: Ventas
By
Kimberly Bonvissuto
May 09, 2022
Ventas’ revised management agreement with Sunrise Senior Living is a sign of things to come for other operators in the real estate investment trust’s portfolio, Ventas Executive Vice President of Senior...
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...
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
OSHA civil penalties now top $145,000 for ‘willful or repeated’ violations
By
Lois A. Bowers
Jan 20, 2022
The Occupational Safety and Health Administration has increased the maximum penalty for “willful or repeated” violations to $145,027 per violation from $136,532 per violation, the Department of Labor...
Staffing remains top challenge for senior living operators: NIC
By
Kimberly Bonvissuto
Dec 17, 2021
Staffing shortages continue to plague senior living and other long-term care operators, with attracting community and caregiving staff remaining a “significant challenge,” along with increasing turnover,...
Delays, uncertainty prompt legislation to address Provider Relief Fund
By
Kimberly Bonvissuto
Nov 18, 2021
With the House poised — maybe — to vote this week on the $1.75 trillion social spending bill, Argentum said it remains disappointed that senior living remains excluded in the legislation. But leaders...
Strategic investments, rebranding highlight Capital Senior Living’s pandemic recovery strategy
By
Kimberly Bonvissuto
Nov 12, 2021
The third quarter was pivotal for Capital Senior Living, which completed a strategic investment with Conversant Capital and launched a rebranding initiative.