Senior living occupancy increases for second quarter in a row; delta variant has little effect
By
Kimberly Bonvissuto
Jan 06, 2022
Senior living (independent living and assisted living combined) occupancy increased for the second consecutive quarter, rising to 81% in the fourth quarter of 2021, according to NIC MAP data released Thursday...
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...
After months of increases, SNF occupancy slowed in September: NIC report
By
Kathleen Steele Gaivin
Dec 10, 2021
Reversing a seven-month trends, skilled nursing occupancy declined to 75.1% between August and September. That amounted to a 27 basis points downturn, according to the latest Skilled Nursing Monthly...
Back to school taking on a new meaning for many locals
By
Kathleen Steele Gaivin
Dec 09, 2021
In what was once a high school in the downtown area of Paris, IL for longer than anyone can remember, Tiger Senior Apartments are now home to many of the town’s older residents.
Lending volume ticks upward heading into 2022
By
Kathleen Steele Gaivin
Dec 03, 2021
With vaccination rates and occupancy increasing in senior living and care communities, bankers are seeing lending volume increase as well, Brian Heagler, senior vice president at KeyBank, said during a...
President Biden asks businesses to voluntarily proceed with vaccinate-or-test requirements
By
Kathleen Steele Gaivin
Dec 03, 2021
President Joe Biden detailed plans Thursday for combating COVID-19 this winter, particularly in light of the emerging omicron variant.
Immigration restructuring could ease long-term care workforce crisis, industry coalition tells State...
By
Kathleen Steele Gaivin
Nov 22, 2021
Prioritizing immigration visas for nurses, waiving immigration visa interviews and expanding in-person interviews to allow for virtual interviews would help address workforce challenges facing long-term...
Lead volumes improving, construction lending is increasing: NIC survey
By
Kathleen Steele Gaivin
Nov 19, 2021
Lead volumes are heading toward pre-pandemic levels, and construction lending is on the rise, according to Wave 34 of the Executive Survey released Thursday by the National Investment Center for Seniors...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.