Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Payers ‘can’t ignore assisted living,’ former senators say
By
Lois A. Bowers
Mar 27, 2017
Former Sens. Tom Daschle and Bill Frist showed prescience at the NIC Spring Investment Forum when they said that any reform to the Affordable Care Act would need bipartisan support to be successful. They...
Pandemic highlights value of senior living for adult children, leaders say
By
Lois A. Bowers
May 11, 2020
One of the positive effects arising from this pandemic, some industry leaders say, is a growing appreciation of senior living among people whose parents are the age of prospective residents.
Labor Department issues COVID vaccine requirement for companies with 100 or more employees
By
Lois A. Bowers
Nov 04, 2021
U.S. companies employing 100 or more workers must develop, implement and enforce a mandatory COVID-19 vaccination policy, unless they adopt a policy requiring employees to choose to either be vaccinated...
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Five Star agreement is ‘best possible solution’ to financial issues, SNH says
By
Lois A. Bowers
Apr 03, 2019
A new agreement between Five Star Senior Living and Senior Housing Properties Trust (SNH) that converts 261 communities from triple-net leases to a RIDEA structure and gives the real estate investment...
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...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Potential pitfalls face pivoting providers
By
Lois A. Bowers
Feb 07, 2023
Robert G. Kramer, founder of aging services think tank Nexus Insights and co-founder, former president and CEO and current senior adviser to the National Investment Center for Seniors Housing & Care, recently...
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...