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...
Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
‘Substantial change’ needed at Ventas, activist shareholder says
By
Kathleen Steele Gaivin
Sep 12, 2023
Stamford, CT-based Land & Buildings Investment Management issued a public letter Monday describing Ventas’ recent financial performance as “lackluster” and calling for “substantial change.”
The buyout versus bailout
By
Don Pelgrim
Sep 07, 2023
When capital is used strategically after you’ve performed or executed the business plan, that is considered a buyout. When a property is struggling and seeking additional capital to keep the project...