New Senior CEO cautiously optimistic about start of potential COVID-19 recovery
By
Amy Novotney
May 06, 2021
New Senior Investment Group reported funds from operations Wednesday of $9.6 million, or 11 cents per share, for the first quarter of the year.
Healthpeak’s earnings in line with estimates; progress continues on seniors housing dispositions
By
Amy Novotney
May 06, 2021
Healthpeak Properties reported funds from operations as adjusted Tuesday of $217.3 million, or 40 cents per share, for the first quarter of the year, slightly surpassing analyst estimates.
84 percent of organizations report increase in lead volume since year’s start: NIC
By
Amy Novotney
Apr 30, 2021
More than four in five operators in seniors housing and skilled nursing are reporting an increase in lead volume since the beginning of the year, according to the latest executive survey results, released...
Sagepoint Senior Living cleared of $440,000 in infection control citations from beginning of COVID-19...
By
Amy Novotney
Apr 29, 2021
One year after an inspection by the Office of Healthcare Quality, an independent administrative law judge has overturned all violations found against Maryland assisted living and skilled nursing operator...
DOL will soon announce new workplace rules in light of COVID
By
Amy Novotney
Apr 28, 2021
After weeks of delay, the Labor Department has sent a draft of emergency workplace safety rules aimed at preventing the spread of COVID-19 to the Office of Management and Budget. The standards had been...
Investing in private rooms may have prevented nearly a third of COVID-19 long-term care infections, deaths:...
By
Amy Novotney
Apr 27, 2021
Greater investment in proper infrastructure, including private rooms and adequate staffing, likely would have gone a long way in protecting long-term care residents from COVID-19 outbreaks, an international...
Expect more M&A activity, competition from for-profit operators in months ahead: Ziegler
By
Amy Novotney
Apr 22, 2021
The COVID-19 pandemic led to a significant variation of impact across senior living and care providers, but across the nation, the sector can expect to see an escalation of mergers, affiliations, acquisitions...
Trimming costs and creating operational efficiencies in a post-COVID world
By
Amy Novotney
Apr 22, 2021
As the COVID-19 pandemic pushed senior living and care expenses to an all-time high, at a pace greater than what resident fee increases can absorb, taking the time to trim unnecessary costs and implement...
Senior housing values likely to rise more than 6% this year: investor survey
By
Amy Novotney
Apr 20, 2021
Despite the ongoing challenges presented by the COVID-19 pandemic, investors are expressing a returning confidence in commercial real estate values and performances, a new survey shows.
Developers on post-COVID hunt to turn former hotels into senior housing
By
Amy Novotney
Apr 19, 2021
Commercial real estate, particularly hotels and office spaces, have been hit hard by the pandemic, and some properties may never fully recover. Now an effort is afoot by some New York developers to convert...