Operators less optimistic about operating margins: NIC
By
Kimberly Bonvissuto
Jul 01, 2022
Despite improving occupancy, fewer operators expect operating margins to improve, according to a new National Investment Center for Seniors Housing & Care survey.
Occupancy slowly trends upward after omicron slump, Omega execs say
By
Kathleen Steele Gaivin
May 04, 2022
After witnessing a senior living and skilled nursing portfolio occupancy slump as the omicron virus erupted in the fourth quarter of 2021, things are looking up, Omega Healthcare Investors CEO Taylor Pickett...
Luxury buildings seek to help city seniors age where they’ve lived
By
Kathleen Steele Gaivin
Apr 29, 2022
Metropolitan seniors are being drawn to new, luxury senior living communities that rival high-end hotels, appealing to older adults who have spent their lives as city dwellers and have no desire to leave.
Trial date set for suspected senior living serial killer
By
Kimberly Bonvissuto
Jul 16, 2021
The trial of accused serial killer Billy Chemirmir, indicted on 18 capital murder charges, most of them related to deaths at Dallas-area senior living communities, is set for Nov. 12.
Residents missing after five-alarm fire at Pennsylvania CCRC
By
Lois A. Bowers
Nov 20, 2017
An undisclosed number of residents remained unaccounted for Sunday, three days after a five-alarm fire began at a Pennsylvania continuing care retirement community, injuring 27, according to authorities.
Senior living community makes baseball season memorable
By
Lois A. Bowers
Aug 08, 2016
The Butler BlueSox baseball team’s season was not especially memorable in a traditional way. Pennsylvania senior living community Newhaven Court at Clearview, however, left a permanent impression...
A giving season
Dec 13, 2017
Senior living communities throughout the country are proving that the end-of-the-year holidays are a time of giving.
Assisted living continues to grow rapidly in expanded markets
By
Elizabeth Newman
Oct 03, 2014
Assisted living growth continues to be concentrated in specific markets, with almost three-fourths of new construction in 10 metro markets, according to new findings released Thursday at the National Investment...
ASC CEO should get 12-year prison sentence for $19.4 million fraud scheme, government says
By
Lois A. Bowers
Jun 25, 2018
The former CEO of American Senior Communities should be imprisoned for more than 12 years for leading a $19.4 million fraud, kickback and money-laundering scheme, federal prosecutors said in a court filing...
60% of older owners of cellphones use them while driving
By
Lois A. Bowers
Apr 24, 2017
It’s not just your residents’ adult children and grandchildren. Sixty percent of drivers aged more than 65 years with cellphones said they talked on them while driving in a recent survey.