Skilled nursing occupancy has ‘taken a jolt’ as delta variant spreads: NIC survey
By
Kathleen Steele Gaivin
Sep 20, 2021
Skilled nursing occupancy has “taken a jolt” in the past 30 days, according to National Investment Center for Seniors Housing & Care Senior Principal Lana Peck said, citing results of Wave 32 of the...
Five Star reports progress on strategic plan; Diversified transitions 7 additional properties
By
Kathleen Steele Gaivin
Sep 14, 2021
With a management agreement in place with Northstar Senior Living for seven additional properties, Diversified Healthcare Trust has now completed 62 of 108 planned transitions from Five Star Senior Living...
Assisted living, independent living see ‘absorption in the green’ for first time in more than a year
By
Kathleen Steele Gaivin
Sep 13, 2021
The year-over-year change in occupied units for both assisted living and independent living was positive in August, at 1% and 0.4%, respectively, according to the intraquarterly report published last week...
Senior living occupancy rates continue to rise, according to business reports released Thursday by Brentwood, TN-based Brookdale Senior Living and Toledo, OH-based real estate investment trust Welltower.
‘Devastating consequences’: Worker shortages lead to facility closures
By
Kathleen Steele Gaivin
Sep 09, 2021
Hiring and retaining direct care workers is a common challenge across the country, and according to one long-term care facility owner in Oklahoma, staff shortages are crippling the industry.
Momentum picks up in senior living construction: ASHA brief
By
Kathleen Steele Gaivin
Aug 27, 2021
Lumber costs are slowly coming down from pandemic highs, but labor costs continue to rise along with a shortage of skilled labor, Senior Vice President Larry Graeve and Chief Estimator Amy Burk of The...
Demand for senior housing driving accelerated move-in pace: NIC
By
Kimberly Bonvissuto
Aug 13, 2021
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
NHI sells portfolio of nine Holiday properties
By
Kathleen Steele Gaivin
Aug 11, 2021
“It’s been a busy 2021, and the breakneck speed won’t’ be ending anytime soon,” National Health Investors CEO and President Eric Mendelsohn said in Tuesday’s second quarter earnings call.