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...
‘We can no longer ignore this’: Affordable long-term care is urgent priority, panelists say
By
Kimberly Bonvissuto
Dec 10, 2020
The nation’s population is aging, and with 70% of Americans aged 65 or more years requiring long-term care at some point, access to affordable care is becoming an urgent priority, according to panelists...
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.
To attract home care employees, treat them like healthcare workers, expert says
By
Diane Eastabrook
Mar 31, 2021
The pandemic highlighted the numerous challenges the home care industry faces as the U.S. population ages, Robert Espinoza, PHI vice president of policy for the nonprofit PHI, which tracks the direct care...
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.
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
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...