COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Pandemic not dampening desire for luxury retirement living
By
Lois A. Bowers
Apr 21, 2020
A pandemic is not preventing Moorings Park Grande Lake in Naples, FL, from opening and continuing to attract interest. “We have closed over $77 million in sales during the last two weeks,” a Moorings...
Report: Pricing, sales activity declines could come in 2016
By
Lois A. Bowers
Jan 12, 2016
Concerns related to overbuilding could lead to declines in pricing and sales activity in some senior housing markets in 2016, predicts Integra Realty Resources.
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
The ‘Walmart effect’ intensifies
By
Lois A. Bowers
Feb 16, 2016
In an environment where Walmart already is a threat to senior living staff recruiting and retention efforts, impending changes from the retailer should concern providers.
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
COVID-19 has ‘disproportionate effect’ on long-term care: study
By
Lois A. Bowers
Apr 24, 2020
As the House of Representatives passed a $484 billion bill with new COVID-19-related funding, a study published Thursday by the Kaiser Family Foundation finds that COVID-19 has had a “disproportionate...
Older adults’ location preferences similar to general population until they reach their 80s
By
Lois A. Bowers
Apr 17, 2023
Adults aged 75 or more years — often the point at which senior living providers start thinking of them as prospective residents — generally are attracted to the same destinations to live as people...
ABHOW, be.group become HumanGood
By
Lois A. Bowers
Jul 10, 2017
The next step in the evolution of the ABHOW and be.group affiliation occurred Monday as the two companies announced their official unification under the previously publicized brand of HumanGood. Read our...
Senior living construction costs continue to rise due to labor shortage
By
Lois A. Bowers
Jan 22, 2017
A labor shortage in the construction industry is one of the driving factors behind continued inflation for senior living construction projects in every region of the country, according to a new brief prepared...