Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Rebound expected for M&A in senior living and care
By
Kathleen Steele Gaivin
Feb 28, 2024
Mergers and acquisitions activity in senior living and care faltered in 2023 for various economic reasons, but M&A is expected to rebound this year, according to the experts at accounting and consulting...
Healthcare employers more likely than those in other industries to shrink workforce: survey
By
Kathleen Steele Gaivin
Jul 29, 2022
More than 40% of employers plan on expanding their workforces this year, but healthcare employers are not among them. That’s according to the results of a recent Fisher Phillips flash survey published...
Spot occupancy spikes in June, Welltower reports
By
Kathleen Steele Gaivin
Jul 14, 2022
Spot occupancy in Welltower’s U.S. senior housing operating portfolio rose 120 basis points (1.2%) in the second quarter, with half of that increase occurring in the last two weeks of June, according...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.
CVS Health and Healthpeak Properties presented fourth-quarter and full-year 2022 earnings results on Wednesday.
Cap rates up except in skilled nursing
By
Kathleen Steele Gaivin
Jul 11, 2023
More than 50% of the respondents to the 12th edition of CBRE’s “Seniors Housing & Care Investor Survey” expect capitalization rates to increase this year. That’s up from 27% in last year’s...
Momentum picks up in senior living construction: ASHA brief
By
Kathleen Steele Gaivin
Aug 27, 2021
Lumber costs are slowly coming down from pandemic highs, but labor costs continue to rise along with a shortage of skilled labor, Senior Vice President Larry Graeve and Chief Estimator Amy Burk of The...
Retirees head back to work amid economic fears: report
By
Kathleen Steele Gaivin
Jan 29, 2024
An increasing number of retired workers are heading back into the workforce amid economic fears, according to the results of a recent survey from Nationwide Retirement Institute.
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.