Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Business briefs, Nov. 8
By
Kathleen Steele Gaivin
Nov 08, 2022
Long-term care picks up 11,000 jobs, but recovery resembles roller-coaster ride … Coalition letter urges Congress to approve higher domestic, international spending levels … Reliq Health Technologies...
Business briefs for Tuesday, May 18
By
Kathleen Steele Gaivin
May 18, 2021
Montana law permits long-term facilities to query employees’ vaccination status … Bank sues memory care community for foreclosure over $8.3M debt . . . EMBRACE Foundation seeks medical donations from...
NIC MAP Vision offers listings service for senior housing real estate brokers
By
Kathleen Steele Gaivin
Mar 01, 2023
Raleigh, NC-based NIC MAP Vision has launched a new feature — a listings service for brokers of senior living real estate.
Staffing shortages persist but lessen in skilled nursing: NIC
By
Kathleen Steele Gaivin
May 31, 2022
More than two years since the start of the pandemic, staffing shortages persist in the skilled nursing sector, according to recent data from the National Investment Center for Seniors Housing & Care. Twenty-five...
Dwight Capital, Dwight Mortgage Trust close $390M in long-term care financing in second quarter
By
Kathleen Steele Gaivin
Jul 12, 2024
Miami-based Dwight Capital and its affiliate real estate investment trust, Dwight Mortgage Trust, financed $390.4 million in long-term care transactions during the second quarter of the year, the companies...
Business Daily briefs for Wednesday, May 12
By
Kathleen Steele Gaivin
May 12, 2021
Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors...
Senior living investors struggle with near-term challenges
By
Kathleen Steele Gaivin
Nov 03, 2023
Senior living deals have been fraught this year with near-term challenges, such as higher interest rates, instability of some regional banks and turbulent capital markets, according to a new report from...
Senior living recovery uneven across markets, but sector remains ‘agile and resilient’: NIC analysis
By
Kathleen Steele Gaivin
Dec 21, 2021
Senior housing demand overall began to recover in the second quarter and registered its strongest increase in the third quarter, but some areas are recovering more quickly than others, according to Beth...
Brookdale’s May occupancy rises slightly to 71.6%
By
Kathleen Steele Gaivin
Jun 10, 2021
Brookdale Senior Living on Tuesday reported a slight month-over-month increase in occupancy among its 695 properties, with a May weighted average occupancy of 70.5% and month-end occupancy of 71.6%. In...