2023 looks to be ‘relatively quiet’ as senior housing continues recovery: Sabra
By
Kimberly Bonvissuto
Feb 23, 2023
Senior housing continued its recovery in 2022, with 2023 expected to be relatively quiet for Irvine, CA-based Sabra Healthcare REIT, according to CEO and Chair Rick Matros.
Welltower announces new senior living partner, new strategic adviser
By
Kimberly Bonvissuto
Feb 17, 2023
Despite remaining “underwhelmed” by early-2022 results, Welltower CEO Shankh Mitra said Thursday that he’s pleased with the underlying improvements to the company’s operating platform and talent...
Senior living meal tax unfairly targets independent living, advocates say
By
Kimberly Bonvissuto
Feb 16, 2023
A bill before the Washington state legislature would exempt senior living communities from pricey retail sales taxes on the meals they provide to residents as part of their rental agreements.
Ventas seeks to exceed 2019 performance in 2023, CEO says
By
Kimberly Bonvissuto
Feb 13, 2023
Ventas is entering 2023 seeking to reach 2019 performance levels and then exceed them, Chairman and CEO Debra Cafaro said during Friday’s fourth-quarter and full-year 2022 earnings call.
Senior living occupancy holds steady at 83 percent: NIC
By
Kimberly Bonvissuto
Feb 10, 2023
The all-occupancy rate for senior living (independent living and assisted living) has remained unchanged from December and stands at 83%, according to the latest data released from the National Investment...
Proposal would allow CNAs to train in assisted living communities
By
Kimberly Bonvissuto
Feb 09, 2023
Regulatory changes proposed by the Virginia Board of Nursing are aimed at removing barriers to training and improving the hiring process for certified nurse aides in the commonwealth. If approved, CNAs...
Potential pitfalls face pivoting providers
By
Lois A. Bowers
Feb 07, 2023
Robert G. Kramer, founder of aging services think tank Nexus Insights and co-founder, former president and CEO and current senior adviser to the National Investment Center for Seniors Housing & Care, recently...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Ruling strikes down vaccination mandate, but industry experts say it won’t help with hiring
By
Kimberly Bonvissuto
Jan 30, 2023
A New York court ruling striking down the state’s COVID-19 vaccination mandate for healthcare workers won’t have much of an impact on senior living providers who continue to face a workforce crisis,...
Assisted living particularly attractive to investors: JLL
By
Kimberly Bonvissuto
Jan 26, 2023
Investors remain optimistic about senior housing, with many planning to increase their exposure to the sector in 2023 — particularly in assisted living, according to the latest investor survey report...