COVID blurs lines between sectors, holds lessons for operators: NIC panel
By
Kathleen Steele Gaivin
May 27, 2021
Some lines among skilled nursing facilities and assisted living, memory care and independent living communities have become blurred in the era of COVID-19, according to panelists at Wednesday’s Leadership...
CCRC occupancy trends lower but better than non-CCRCs: analysis
By
Kathleen Steele Gaivin
May 25, 2021
Occupancy in continuing care retirement communities fell 1.4 percentage points from the fourth quarter to 84.3% through the first quarter of 2021, according to data released Friday by the National Investment...
Senior living investors re-examine portfolios: NIC Leadership Huddle
By
Kathleen Steele Gaivin
May 24, 2021
Despite seeing lower occupancy levels through the pandemic, senior living investors are seeing some light at the end of the tunnel, according to panelists at last week’s Leadership Huddle of the National...
Welltower expands active adult presence with Treplus Communities partnership, provides business update
By
Kathleen Steele Gaivin
May 21, 2021
Toledo, OH-based Welltower is expanding its presence in the active adult rental community sector with the addition of Columbus, OH-based Treplus Communities properties to its portfolio. The REIT also provided...
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
‘We believe we’ve turned the corner,’ Ventas execs say
By
Kathleen Steele Gaivin
May 19, 2021
Ventas executives are “encouraged by what we’re seeing early in this recovery,” Executive Vice President of Senior Housing Justin Hutchens said yesterday at the Capital Markets Global Health Care...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...