Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Affordable senior housing communities share in $1.34M for ‘green energy’ upgrades
By
Kimberly Bonvissuto
Oct 23, 2023
Sixteen federal affordable housing properties are on the receiving end of more $1.34 million in new loans and grants to implement energy efficiency and climate resilient upgrades.
Affordability tops retirement community wish list for older adults, operators
By
Kimberly Bonvissuto
Oct 13, 2023
Inflation isn’t just hitting prospective senior living residents looking for the best value in a retirement community. It’s also hitting operators, leaving fewer options available.
Service coordinator salaries present challenges for workers, providers, residents: report
By
Kimberly Bonvissuto
Oct 05, 2023
A new report finds that the average annual salary for full-time affordable housing service coordinators could make it difficult for providers to recruit new workers, could result in residents experiencing...
Argentum releases 2023 lists of largest senior living providers; industry expresses ‘cautious optimism’...
By
Kimberly Bonvissuto
Sep 18, 2023
In a post-COVID world, the senior living industry is “cautiously optimistic” about its future as it experiences significant market changes driven by a combination of demographic shifts, evolving consumer...
Interest in HCBS as growth strategy wanes among senior living providers
By
Kimberly Bonvissuto
Aug 10, 2023
Ready to put the COVID-19 pandemic behind them, senior living executives are preparing to push forward with growth plans — some in surprising ways, according to the newly released results of a recent...
20 months in a row of occupancy growth reported by Brookdale Senior Living
By
Kimberly Bonvissuto
Jul 13, 2023
A 160-basis-point increase in weighted average occupancy for June means Brookdale Senior Living has seen 20 consecutive months of year-over-year occupancy growth.
Pandemic challenges send large nonprofit CCRC into bankruptcy
By
Kimberly Bonvissuto
Jun 13, 2023
One of the nation’s largest nonprofit continuing care retirement communities is citing pandemic losses in filing for bankruptcy as the COVID-19 pandemic continues to have a ripple effect on the senior...