Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...
Move-ins, operating margins increase for senior living operators: NIC survey
By
Kimberly Bonvissuto
Oct 15, 2021
Senior living move-ins accelerated in the past 30 days due to increased demand, leading to an expectation of an increase in operating margins on the horizon, according to the results of the latest NIC...
Demand for senior housing driving accelerated move-in pace: NIC
By
Kimberly Bonvissuto
Aug 13, 2021
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
Remote, hybrid work schedules hurting long-term care recovery, experts say
By
Kathleen Steele Gaivin
Jul 17, 2023
The move toward remote and hybrid work during the pandemic is hurting the long-term care industry and continues to slow recovery, the Wall Street Journal reported.
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Senior living operators express optimism over occupancy, staffing: NIC
By
Kimberly Bonvissuto
Jan 20, 2023
Senior living and care executives are expressing optimism that returns to pre-pandemic occupancy levels are close, according to results from the latest survey from the National Investment Center for Seniors...
Data supports trending improvement in move-ins and occupancy rates, but staffing shortages persist: NIC...
By
Amy Novotney
Apr 16, 2021
Many operators have been eagerly anticipating a boost in occupancy due to the COVID-19 vaccine availability, and the latest executive survey results, released Thursday from the National Investment Center...
Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
Optimism on operating margins tempered by occupancy recovery, workforce challenges: NIC
By
Kimberly Bonvissuto
Jan 14, 2022
About half of senior living (independent and assisted living) and skilled nursing operators anticipate that operating margins will improve in the next six months, up from one-third last fall, according...