Assisted living initial rates average 7.8% below average asking rate: NIC
By
Lois A. Bowers
Sep 14, 2016
Assisted living communities, on average, are in effect discounting their annual rates by almost a month, according to the inaugural Seniors Housing Actual Rates Report released Wednesday by NIC MAP at...
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
SNFs and memory care units reporting improvements in occupancy rates: NIC survey
By
Amy Novotney
Sep 04, 2020
More organizations that deliver care for those with greater needs — including skilled nursing and memory care units — have been reporting occupancy improvements, according to data collected from the...
Staffing shortage severity may be lessening, executives say
By
Kathleen Steele Gaivin
May 06, 2022
Severe staffing shortages in long-term care may be lessening, according to results of Wave 40 of the Executive Survey, released Thursday by the National Investment Center for Seniors Housing & Care.
The factor more important than occupancy
By
Lois A. Bowers
Oct 08, 2018
NCAL Day speakers think something other than occupancy should be operators’ top priority.
Take the points
By
John O'Connor
Oct 12, 2023
Several pieces of news provide reasons to feel optimistic about the near future of senior living.
‘We’re on our way’ to recovery in senior housing real estate: expert
By
Kathleen Steele Gaivin
May 26, 2022
The senior housing real estate market is poised for a good recovery after the challenges of operating during a pandemic, according to Michael Acton, managing director and head of research at AEW.
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...