‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Quality, safety, accountability vital, industry leaders say, as Washington Post report cites deaths at...
By
Lois A. Bowers
Dec 18, 2023
Senior living industry leaders stressed their belief in the importance of quality, safety and accountability Sunday in response to a package of articles in the Washington Post titled “Memory Inc.,”...
‘Plain vanilla’ senior living still won’t do
By
Lois A. Bowers
Dec 18, 2023
As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
3 big challenges for senior living
By
Lois A. Bowers
Dec 15, 2023
As McKnight’s Senior Living marks its 20th anniversary, what’s ahead for senior living? John O’Connor, editorial director, vice president and associate publisher, said he sees three major challenges...
‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
Two-thirds of those 50+ anxious about assisted living affordability: survey
By
Lois A. Bowers
Nov 27, 2023
Two-thirds (66%) of Americans aged 50 or more years participating in a recent poll said they are “mostly” or “somewhat” anxious about being able to afford the cost of an assisted living community...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Memory care certification launches for assisted living communities
By
Lois A. Bowers
Jul 12, 2023
The Joint Commission, in collaboration with the Alzheimer’s Association, has launched a memory care certification program for assisted living communities.
DOJ accuses South Carolina of unnecessarily segregating adults with mental illness in assisted living
By
Lois A. Bowers
Jul 10, 2023
The state of South Carolina violates the Americans with Disabilities Act by unnecessarily segregating adults with serious mental illness in assisted living communities, the US Department of Justice said...