Integrating key marketing components is key to solving senior living occupancy challenges
By
Kimberly Bonvissuto
Sep 01, 2023
No “silver bullet” exists to solve occupancy challenges, according to one senior living marketing firm. But pulling together all of the key components can lead to operator success.
Ventas seeks to exceed 2019 performance in 2023, CEO says
By
Kimberly Bonvissuto
Feb 13, 2023
Ventas is entering 2023 seeking to reach 2019 performance levels and then exceed them, Chairman and CEO Debra Cafaro said during Friday’s fourth-quarter and full-year 2022 earnings call.
‘Historic’ Social Security cost-of-living adjustment gets mixed reviews from advocates
By
Kimberly Bonvissuto
Oct 14, 2022
The Social Security Administration on Thursday issued a historic 8.7% cost-of-living increase, giving prospective senior living residents improved buying power in the coming year. But the increase is getting...
‘Forgotten middle’ near-retirees worse off than prior generations, will need stronger supports in...
By
Kimberly Bonvissuto
Feb 02, 2024
Members of the relatively neglected “forgotten middle” group of near-retirees are worse off in health and finances than their counterparts from more than two decades ago and are going to need stronger...
Older adults lose $1 billion in scams, FTC reports
By
Kimberly Bonvissuto
Oct 26, 2022
Older adults lost $1 billion to scams in 2021, with impersonation and investment scams costing them more money last year compared with 2020, according to a new report from the US Federal Trade Commission.
Argentum joins housing coalition targeting bipartisan solutions for affordability, supply
By
Kimberly Bonvissuto
Sep 27, 2023
Argentum has joined a coalition of housing providers working to advocate for policies to address the nation’s housing supply and affordability.
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Assisted living sees 1.4 percent rate increase, lower than all other long-term care settings
By
Kimberly Bonvissuto
Mar 13, 2024
Although rate increases in assisted living communities were relatively low last year, increasing by 1.4% over 2022, those rates went up by 18.9% in total from 2021 to 2023, according to Genworth’s Cost...
Federal, state assisted living quality measures fail to inform resident care, group says
By
Kimberly Bonvissuto
Feb 05, 2024
Assisted living quality measures at the state and federal level don’t actually measure assisted living or quality, according to a new report from national nonprofit legal advocacy organization Justice...