Skilled nursing demand recovering; occupancy highest since April 2020
By
Kathleen Steele Gaivin
May 09, 2022
Demand for skilled nursing is on the rise, as occupancy continues to recover from pandemic lows, according to the latest Skilled Nursing Monthly Report released by the National Investment Center for Seniors...
Staffing shortage severity may be lessening, executives say
By
Kathleen Steele Gaivin
May 06, 2022
Severe staffing shortages in long-term care may be lessening, according to results of Wave 40 of the Executive Survey, released Thursday by the National Investment Center for Seniors Housing & Care.
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
Private buyers dominate senior housing transactions in first quarter
By
Kathleen Steele Gaivin
May 03, 2022
Of the $1.2 billion of closed deals in the first quarter of 2022, private buyers represented $877 million, or 76%, of the closed volume, according to data released at a recent webinar hosted by NIC MAP.
Mather’s move into third state progresses as vertical construction begins on life plan community
By
Kathleen Steele Gaivin
Apr 21, 2022
Mather is marking its entry into the commonwealth of Virginia as vertical construction is set to begin on The Mather at Tysons in northern Virginia. The company already operates life plan communities (also...
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...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
Long-term demand, increased investor interest expected to boost senior living this year: JLL
By
Kathleen Steele Gaivin
Apr 01, 2022
The senior housing sector is recovering from pandemic-related disruption, backed by strong long-term demand and increased investor interest, according to the results of a JLL survey published Thursday.
Business briefs, March 28
By
Kathleen Steele Gaivin
Mar 28, 2022
Occupancy continues to increase, but full recovery could take years … Consumer confidence, fewer fears signal positive trends for long-term care … GOP senator to offer counterproposal to Dems’ COVID-19...