Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.
CareTrust REIT hasn’t ‘written off’ senior living, CEO says
By
Lois A. Bowers
Nov 10, 2022
CareTrust REIT’s investment pipeline consists primarily of skilled nursing and behavioral health properties right now rather than senior living communities, Chief Investment Officer Mark Lamb said Wednesday...
DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
More news for Tuesday, Nov. 1
By
Kimberly Bonvissuto
Nov 01, 2022
California study holds lessons for middle-market providers nationwide: NIC … Linking affordable housing, services helps low-income older adults remain in communities: AARP … Memory care caregiver convicted...
National Senior Campuses still ranked No. 1 on latest LeadingAge Ziegler LZ 200 list
By
Lois A. Bowers
Oct 31, 2022
Wellesley Hills, MA-based National Senior Campuses has retained the top spot on the LeadingAge Ziegler 200 list of largest not-for-profit multi-site senior living and care providers for the seventh consecutive...
Business briefs, Oct. 26
By
Kathleen Steele Gaivin
Oct 26, 2022
IRS increases pre-tax contributions limit for retirement savings … Labor Department fines SNF $86K for back wages, damages; determined violations of child labor laws … Middle-market is ‘the future...
Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
Senior living hacker sentenced to 20 years for $27 million ransomware attack
By
Kimberly Bonvissuto
Oct 07, 2022
A Canadian man linked to an international network of ransomware attacks affecting the senior living industry during the COVID-19 pandemic has been sentenced to 20 years in prison and ordered to forfeit...
Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.