‘Massive’ relief bill sends funding to state’s senior living and care providers
By
Kimberly Bonvissuto
Dec 16, 2022
Several “long-awaited” aging and health policy proposals passed the Ohio Legislature Thursday as part of a “massive” $6 billion relief bill that includes $40 million for assisted living providers...
Economy showing ‘nascent signs of softening,’ expert says, but mild recession may be on horizon
By
Kathleen Steele Gaivin
Dec 08, 2022
The consumer price index increased 7.7% from October 2021 to October 2022, marking the smallest 12-month advance since January.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...
Senior living diversifying as it matures: NIC
By
Kathleen Steele Gaivin
Nov 22, 2022
Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.
American Healthcare REIT ‘optimistic’ about senior housing despite third-quarter performance
By
Alicia Lasek
Nov 18, 2022
Senior housing remains a “challenge,” but American Healthcare REIT is expecting to rebuild occupancy across its portfolio as inflationary pressures ease, the company told investors in a third-quarter...
Move-ins rebound thanks to senior living’s ‘adaptability’ to pandemic challenges: data expert
By
Kimberly Bonvissuto
Nov 16, 2022
The pace of senior living move-ins today exceeds pre-pandemic levels due to what data experts are calling a “testament to the adaptability” of communities to implement infection control measures and...
Senior living occupancy rate making its way back to pre-pandemic level
By
Kimberly Bonvissuto
Nov 14, 2022
Senior living occupancy — independent living and assisted living combined — is more than halfway down the road to recovery, increasing to 82.8% in October from a pandemic record low of 77.9% in June...
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...
Invesque continues paring portfolio to private-pay senior living
By
Kimberly Bonvissuto
Nov 10, 2022
With the sale of 23 non-core properties to date in 2022, Invesque has continued executing on its strategy to simplify its portfolio and move to predominantly private-pay senior housing.