Lead volumes improving, construction lending is increasing: NIC survey
By
Kathleen Steele Gaivin
Nov 19, 2021
Lead volumes are heading toward pre-pandemic levels, and construction lending is on the rise, according to Wave 34 of the Executive Survey released Thursday by the National Investment Center for Seniors...
Skilled nursing occupancy increases are beginning to slow: NIC report
By
Kathleen Steele Gaivin
Nov 12, 2021
Although skilled nursing occupancy increased for seven consecutive, NIC MAP data reported a slowdown in August in its November skilled nursing monthly report.
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...