Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Senior living headed for ‘bull run,’ experts say
By
Kathleen Steele Gaivin
Oct 28, 2021
For senior living investors, it’s not about if but when companies will re-enter a market poised for developments, according to some experts.
Residents must advocate for recommended HIV testing: researchers
By
Lois A. Bowers
Aug 27, 2015
New research suggests that your residents may need to speak up to their physicians to ensure that they receive the HIV screening that the CDC recommends. The advice may be especially important for older...
Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS
By
Lois A. Bowers
Nov 16, 2020
Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex...
Senior living poised to become ‘darling child’ of real estate, expert says
By
Kathleen Steele Gaivin
Oct 06, 2023
The senior living sector is poised for recovery over the next 12 to 18 months, according to Aron Will, CBRE’s vice chair and co-head of National Senior Housing Practice Capital Markets. In fact, he said,...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Marketing campaign aims to share benefits of senior living in COVID-19 era
By
Kimberly Bonvissuto
Sep 10, 2020
A new marketing campaign is bringing together unaffiliated senior living communities and sponsors to communicate the benefits of senior living to prospective residents and their families in the era of...
Latest senior living stats reason to be ‘cautiously optimistic’ about comeback from pandemic
By
Lois A. Bowers
Oct 08, 2021
The latest NIC MAP quarterly data, released Thursday, provide reasons to be “cautiously optimistic” about the senior living industry’s comeback from the pandemic, National Investment Center for Seniors...
Senior living continues to see job growth, although rate is slowing
By
Lois A. Bowers
Jan 05, 2017
The senior living industry has been among the top industries for post-recession job creation, and employment in the industry continues to increase, although the overall rate of growth is slowing, according...
64 percent of senior living communities saw no COVID-19-related deaths: NIC-funded study
By
Kimberly Bonvissuto
Jun 03, 2021
A majority (64%) of senior living communities reported no COVID-19 deaths in 2020, according to an analysis of COVID-19 deaths across the long-term care residential continuum released today.