Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
NIC Analytics report reveals inconsistencies in financing support, availability
By
Kathleen Steele Gaivin
May 28, 2024
The lending market for senior living and care properties remained low in the fourth quarter, according to a NIC lending trends report released Thursday by NIC Analytics.
September senior living inquiries down only 9% from last year: Enquire
By
Amy Novotney
Oct 16, 2020
Despite news Thursday that senior housing occupancy rates hit an all-time low in the third-quarter, overall inquiries into senior living appear to be recovering from their pandemic lows. That’s according...
‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
Some Medicare Advantage organizations are denying or delaying services to beneficiaries covered under Medicare rules, according to a report issued Thursday by the Department of Health and Human Services...
Hines looks to raise $1B for fund targeting senior living and other property types
By
Kathleen Steele Gaivin
Jan 13, 2022
Houston-based international real estate firm Hines announced Monday the launch of its flagship tactical fund series in the United States. The fund is looking to raise $1 billion in equity, with a purchasing...
Pandemic likely has changed senior living business model for good: speakers
By
Amy Novotney
Dec 11, 2020
The future of senior living post-pandemic is healthcare-based, and it will be more difficult for operators who don’t take that approach to maintain a leg up, speakers said Thursday at a senior housing...
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
US unemployment claims drop to 10-week low after a state adjusts for fraud
By
Kathleen Steele Gaivin
May 26, 2023
The number of national unemployment claims reported earlier this month was significantly lower than originally reported by the Department of Labor following a fraud investigation by the Massachusetts Department...
Skilled care M&A market now one of best on record: ESI
By
Amy Novotney
Nov 04, 2020
Although the skilled nursing industry — as much of the economy — appears to be in a constant state of flux given the ongoing COVID-19 pandemic and the election, one real estate brokerage firm says...