NHI announces continued decreases in rent collection, occupancy levels amid pandemic
By
Amy Novotney
Jul 20, 2020
Murfreesboro, TN-based National Health Investors said Friday that it had collected 96.9% of its contractual rent in July. The remaining 3.1% has been deferred or uncollected. That’s compared with a 99.4%...
June occupancy rates vary by city amidst pandemic: NIC
By
Amy Novotney
Jul 17, 2020
San Jose, CA, held the top spot for highest occupancy levels within its independent living and assisted living properties in June, according to new data from the National Investment Center for Seniors...
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...
Occupancy declines continue, despite new admissions: report
By
Amy Novotney
Jul 01, 2020
Occupancy downturns are continuing, even as many senior living operators begin accepting new residents. It’s a sign that the industry still has a long, slow recovery ahead, according to a report...
Senior living community ‘vehemently denies’ wrongdoing, accepts consent order for violating...
By
Kimberly Bonvissuto
Jun 29, 2020
The operator of an independent living community in Pennsylvania has settled claims made by the U.S. Justice Department that one of its communities violated the Fair Housing Act by discriminating against...
COVID-19 unleashing new labor challenges for many senior living operators
By
John O'Connor
Jun 25, 2020
Occupancy is down, revenue is declining, and it’s anyone’s guess if or when a vaccine might be available. As if that’s not bad enough, many operators soon might find themselves dealing with an assortment...
Chicago-based Ventas slashed its quarterly dividend by 43% Friday, declaring a 45 cents per share second quarter dividend payable July 14. That’s down from the 79 cents per share payout a quarter earlier....
Despite early concerns about the effects of the coronavirus, investors in the seniors housing and care industry already are seeing signs of rejuvenation, according to a report released Thursday.
NIC: Senior living occupancy drops again in May but could be stabilizing
By
Lois A. Bowers
Jun 17, 2020
Occupancy in independent and assisted living continued declining in May but could be stabilizing, the National Investment Center for Seniors Housing & Care said Tuesday as the organization released new...