Assisted living recovering more quickly than independent living: NIC
By
Kathleen Steele Gaivin
Jul 08, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, and assisted living is best poised for recovery within the sector,...
No end in sight for construction labor shortage, experts say
By
Kathleen Steele Gaivin
Jun 30, 2022
The labor shortage in construction isn’t going away any time soon. In fact, it is expected to intensify over the next six months, Bisnow reported.
National health spending declining as percent of GDP: analysis
By
Kathleen Steele Gaivin
Jun 24, 2022
National health spending accounted for 18.1% of gross domestic product in April, but that figure has been declining steadily over the past several months, according to Altarum’s monthly Health Sector...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
Repurposing existing structures may be one solution for coming senior housing crunch
By
Kathleen Steele Gaivin
Jun 14, 2022
Repurposing existing structures into senior housing might alleviate some of the uptick in need for housing and care as the oldest baby boomers, turning 76 this year, look for senior housing in the coming...
Brookdale sees 7 consecutive months of occupancy growth
By
Kathleen Steele Gaivin
Jun 10, 2022
May marked seven consecutive months of year-over-year weighted average occupancy growth for Brookdale Senior Living, the Brentwood, TN-based company reported Wednesday.
Senior living development interest ‘significantly higher’ this year even as costs rise
By
Kathleen Steele Gaivin
Jun 09, 2022
“The interest in new campus development from senior living providers and developers is significantly higher year over year,” despite commodity and supply chain challenges, rising interest rates and...
25-member collaborative calls for Medicare, Medicaid eligibility changes
By
Kathleen Steele Gaivin
Jun 09, 2022
Twenty-five national and local organizations have signed on to an effort calling for the standard-of-living measures used to determine eligibility for programs such as Medicare, Medicaid, taxes, food assistance...
Welltower raises guidance, says performance ‘in line with expectations’
By
Kathleen Steele Gaivin
Jun 08, 2022
Toledo, OH-based Welltower has revised its guidance for the second quarter.
Less than 25 percent of Americans expected to save enough to retire comfortably
By
Kathleen Steele Gaivin
May 31, 2022
Less than a fourth of Americans expect to save the $1.1 million estimated to be necessary to retire comfortably, according to the 2022 Schroders U.S. Retirement Survey.