Seniors housing new normal likely to include updates to dining, beautician services, security measures...
By
Amy Novotney
May 22, 2020
Virginia-based LifeSpire Living has a tentative date set of June 10 for the reopening of its four continuing care retirement communities to visitors and new residents. But as Jonathan Cook, the operator’s...
Approximately 70% of senior living and care segments report a deceleration in move-ins over the past...
By
Amy Novotney
May 08, 2020
Roughly seven in 10 organizations report that the pace of move-ins has decelerated in the past month for their independent living, assisted living and memory care segments, according to data collected...
The future for middle markets may lie in service flexibility
By
Amy Novotney
May 08, 2020
To best serve the middle market, senior living operators will need to think more critically about the needs of seniors within this income level, said speakers during a webinar Thursday conducted by Argentum.
NIC chief economist will present at today’s Online Expo; registration still open
By
Amy Novotney
Mar 19, 2020
McKnight’s Long-Term Care News’ Spring Online Expo today features a 1 p.m. ET presentation by National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace. She will discuss...
Coronavirus has senior housing industry reeling
By
Amy Novotney
Mar 19, 2020
Concerns over additional virus contagion and occupancy declines in seniors housing are taking a toll on industry stock prices, the Wall Street Journal reports.
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...
Despite some increase in prospect interest, occupancy improvements still elusive: NIC
By
Amy Novotney
Feb 12, 2021
Although many senior living and care operators have been eagerly anticipating a boost in occupancy as a result of COVID-19 vaccine availability, the upward trend hasn’t hit just yet, according to data...
Investors still buying in skilled nursing — often at rates higher than before the pandemic
By
Amy Novotney
Jan 29, 2021
Pricing for skilled nursing units has remained relatively steady despite the fact that many beds are empty as a result of the COVID-19 pandemic.