LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
Workforce issues loom large as 2019 begins, leaders say
By
Lois A. Bowers
Jan 02, 2019
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year...
NIC panelists offer tips for staff recruiting and retention
By
Lois A. Bowers
Mar 12, 2018
Panelists at a Thursday educational session at the National Investment Center for Seniors Housing & Care’s Spring Investment Forum in Dallas shared advice for addressing senior living’s No....
Labor issues a concern for LTC portfolio operators
By
Lois A. Bowers
Nov 06, 2016
Senior living operators represented in LTC Properties’ portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT’s...
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...