Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Occupancy levels likely to have reached low point: NIC report
By
Kathleen Steele Gaivin
Jun 14, 2021
Senior living occupancy levels appear to be inching their way back from an all-time low of 78.7% in March, according to the intra-quarterly report published last week by the National Investment Center...
Actions & Transactions, Jan. 28
By
Kathleen Steele Gaivin
Jan 28, 2022
IRA Capital pays $106M for CA community … FL CCRC completes $78M health center … Bellwether Enterprise Real Estate Capital originates $21M Freddie Mac refi … ReNew REIT buys Triad facility for $20.25M...
Riverside, CA, first primary market to reach pre-pandemic stabilized occupancy level
By
Kathleen Steele Gaivin
Jun 21, 2022
Riverside, CA, is the first of the 31 primary markets that NIC MAP follows to reach its pre-pandemic stabilized occupancy level, according to the intra-quarterly snapshot released Thursday by the National...
Many baby boomers will have trouble selling their homes: study
By
Amy Novotney
Aug 13, 2020
Millions of American homes could become unsellable, or could be sold at significant losses to their older adult owners, between now and 2040, according to new research from the University of Arizona.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Concerns grow that pandemic relief bill will accelerate ongoing shift to HCBS
By
Amy Novotney
Mar 01, 2021
The $1.9 trillion coronavirus relief package passed by the U.S. House of Representatives on Saturday includes billions of dollars in new funding for government long-term services and supports for frail...
Operators, frontline workers likely to benefit from next virus relief bill: McConnell
By
John O'Connor
Jul 08, 2020
For senior living operators seeking COVID-19 lawsuit protections and workers earning less than $19 an hour, the next coronavirus package may deliver some welcome news. Senate Majority Leader Mitch McConnell...