Number of operators investing in video conferencing capabilities for residents has quadrupled since 2018:...
By
Amy Novotney
Feb 10, 2021
Three-fourths of senior living and care providers invested in video conferencing capabilities for residents last year, quadrupling the number of providers who did so just two years earlier, according to...
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Financial pressures, leadership burnout will drive ongoing industry consolidation, Ziegler says
By
Amy Novotney
Dec 21, 2020
The growing complexity of the senior living sector, particularly around healthcare and COVID-19-related activities and their expense, has put more organized, stronger senior living providers in a better...
Seniors housing lenders returning but under more conservative terms, Ziegler/NIC survey shows
By
Amy Novotney
Dec 16, 2020
Roughly half of seniors housing and care lenders say they are now lending on new construction, but the maximum loan-to-cost percentage, spreads and recourse requirements have become more onerous since...
Business briefs for Thursday, Dec. 3
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
CARF-accredited senior living organizations were in a solid financial position to weather the COVID-19...
By
Amy Novotney
Nov 09, 2020
For their fiscal years ending in 2019, senior living organizations accredited by the Commission on Accreditation of Rehabilitation Facilities were in a solid financial position to weather the COVID-19...
Business briefs for Monday, Nov. 2
Nov 02, 2020
Fed lowers minimum loan amount to $100,000 for Main Street Lending Program … Most cities ill-equipped to meet the needs of older residents: report … Ziegler closes $125M in financing for CCRC owner...
Senior living units increase 2.5% per year over past decade: report
By
Amy Novotney
Oct 28, 2020
Over the past 10 years, independent living and assisted living units have increased 2.5% each year, on average, in contrast to a steady decline in the number of skilled nursing beds. That’s according...
Business briefs for Monday, Oct. 26
Oct 26, 2020
HHS broadens definition of lost revenue for Provider Relief Fund to allow more aid to operators … Provider groups request extension of moratorium on the 2% Medicare sequester cuts … Ziegler closes...
Many operators bracing for pandemic fiscal hangover: survey
By
Amy Novotney
Oct 09, 2020
Just over a third (37%) of senior living operators say they believe the pandemic will negatively affect their finances for the entirety of 2021, specialty investment bank Ziegler found in its latest CFO...