CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Increase in vaccinations likely behind acceleration in senior living move-ins: NIC
By
Amy Novotney
Jan 29, 2021
The pace of move-ins over the past 30 days has ticked up within independent living, assisted living and memory care units, according to data collected from the most recent Executive Survey conducted by...
Senior living providers express concern as states redirect COVID vaccines elsewhere
By
Kimberly Bonvissuto
Jan 27, 2021
As states are pressured to get shots into arms more quickly, some governors and public health officials are rerouting COVID-19 vaccine doses earmarked for assisted living communities and nursing homes...
Some senior living operators add vaccine access to marketing toolkits to help rebuild occupancy
By
Kimberly Bonvissuto
Jan 25, 2021
As the COVID-19 pandemic sends occupancy rates plummeting in senior living communities, some operators are adding vaccine access to their marketing toolbox in a bid to entice prospective residents and...
$1.9 trillion stimulus plan may not go far enough for senior living, leaders say
By
Kimberly Bonvissuto
Jan 19, 2021
President-elect Joe Biden’s $1.9 trillion coronavirus rescue plan, unveiled Thursday evening, includes an initiative to “protect vulnerable populations in congregate settings,” but it may not go...
Senior housing and care acquisition numbers reach record high in fourth quarter
By
Amy Novotney
Jan 15, 2021
Despite a surge in COVID-19 cases nationwide, the number of publicly announced senior housing and care acquisitions in the fourth quarter of last year rose to a record high, with 120 deals announced, according...
Even amid COVID surge, many seniors housing operators not increasing move-in restrictions: NIC
By
Amy Novotney
Jan 15, 2021
Despite reports of record-high COVID-19 cases across the country occurring daily, roughly two-thirds of long-term care organizations report that they have not increased move-in restrictions. That’s according...
Senior living occupancy continued to slip in December: NIC
By
Amy Novotney
Jan 13, 2021
The occupancy rate within majority assisted living properties declined again in December, falling to 77.7%, according to the latest intra-quarterly snapshot released Tuesday by the National Investment...
BMO Capital Markets expects quicker SNF occupancy recovery, though risks remain with government support...
By
Amy Novotney
Jan 12, 2021
Real estate investment trusts with a large share of skilled nursing operators in their portfolios are likely to see occupancy rates recover more quickly than the more elongated recovery of senior living-focused...
BMO Capital Markets predicts elongated seniors housing recovery, changes outlooks for REITs
By
Amy Novotney
Jan 11, 2021
Although the COVID-19 vaccines are expected to become more widely available as the first quarter continues, investment banking firm BMO Capital Markets is predicting an elongated recovery for the senior...