Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
Nearly three-quarters of SNFs reported occupancy declines in first half of April: NIC
By
Amy Novotney
Apr 17, 2020
Seventy percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 146 seniors housing and...
Pandemic putting pressure on seniors housing: Marcus & Millichap
By
Amy Novotney
Apr 14, 2020
The senior living industry may be one of the hardest hit by the coronavirus pandemic, yet with operators well suited to manage infectious diseases, and the strength of the seniors housing market prior...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
NIC report: Half of SNFs reported declines in occupancy rates and a deceleration in move-in rates last...
By
Amy Novotney
Apr 06, 2020
About half of nursing homes saw declines in their occupancy rates last month, according to data collected from owners and executives at 180 seniors housing and skilled nursing operators from across the...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
COVID-19 roundup: Stocks up after emergency efforts to buffer pandemic fallout; NIC economist declares...
By
Amy Novotney
Mar 20, 2020
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday...
Coronavirus has senior housing industry reeling
By
Amy Novotney
Mar 19, 2020
Concerns over additional virus contagion and occupancy declines in seniors housing are taking a toll on industry stock prices, the Wall Street Journal reports.
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...