Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...
Senior living occupancy declines slowed in February as COVID-19 cases fell and vaccinations rose: NIC
By
Amy Novotney
Mar 18, 2021
The occupancy rate within majority independent living organizations fell just 0.2% last month. It was a new low of 82.5%, but the drop was the smallest month-over-month decline since March 2020, when the...
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Sanford Health CEO to leave firm after controversial mask remarks
By
Amy Novotney
Dec 01, 2020
The longtime president and CEO of Good Samaritan parent company Sanford Health has “parted ways” with the healthy system after some dubious remarks he made about mask-wearing amid the COVID-19 pandemic.
1 in 4 long-term care operators expect their development pipelines to decrease: NIC survey
By
Amy Novotney
Nov 13, 2020
About one-fourth (24%) of senior housing and skilled nursing operators now expect their development pipelines to decrease. That’s according to data collected from the most recent Executive Survey conducted...
CCRCs see lower occupancy dips than non-CCRCs: NIC
By
Amy Novotney
Nov 12, 2020
Two quarters into the COVID-19 pandemic, occupancy within continuing care retirement communities has remained nearly 9 percentage points higher than occupancy within non-CCRCs. That’s according to data...
Ventas, Sabra exceed analysts’ third-quarter expectations, but continued occupancy concerns loom
By
Amy Novotney
Nov 09, 2020
Chicago-based Ventas reported third-quarter funds from operations of 75 cents per share Friday, coming in above analysts’ expectations for the real estate investment trust but still 22% lower than a...
Healthpeak shifts focus from seniors housing; analysts question dividend sustainability
By
Amy Novotney
Nov 04, 2020
Irvine, CA-based Healthpeak Properties is making good on its previously indicated intentions of a potential exit of its senior housing operating portfolio and triple-net lease assets. The real estate investment...