Capitol Seniors Housing opens senior living community on abandoned NY retail site
By
Amy Novotney
Dec 01, 2020
Senior living development and investment firm Capitol Seniors Housing announced the opening Monday of a new 101-unit assisted living and memory care community in Greenburgh, NY. The facility was built...
Business briefs for Tuesday, Dec. 1
Dec 01, 2020
More than 50% of seniors have been targeted by Social Security scams in the past three months … Senior living communities helping drive demand for ultraviolet-C lighting … Unemployment insurance linked...
Vaccine news boosts analysts’ views on skilled nursing; concerns remain around future of seniors housing:...
By
Amy Novotney
Nov 23, 2020
As Nareit’s REITworld: 2020 Annual Conference wrapped up last week, analysts at Mizuho Securities USA say they remain positive on the skilled nursing sector given the promising vaccine news, strong government...
Americans now will need more money for retirement — and other ways the pandemic is reshaping the future:...
By
Amy Novotney
Nov 18, 2020
The COVID-19 virus will bring about sweeping changes in how Americans will face retirement and old age in the years to come, according to a new Wall Street Journal analysis. Some transformations will be...
Ventas, Sabra exceed analysts’ third-quarter expectations, but continued occupancy concerns loom
By
Amy Novotney
Nov 09, 2020
Chicago-based Ventas reported third-quarter funds from operations of 75 cents per share Friday, coming in above analysts’ expectations for the real estate investment trust but still 22% lower than a...
DOL issues respiratory protection guidance for long-term care workers
By
Amy Novotney
Nov 05, 2020
The U.S. Department of Labor’s Occupational Safety and Health Administration has issued respiratory protection guidance focused on protecting workers in nursing homes, assisted living communities and...
‘Going concern’ doubts raised by Genesis, Signature prompt write-down by Omega, potential write-off...
By
Amy Novotney
Sep 28, 2020
Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo Holdings LLC (f/k/a Signature Healthcare). The move comes as Omega...
HHS issues new guidance for Provider Relief Fund reporting
By
Amy Novotney
Sep 22, 2020
The Department of Health and Human Services issued its Provider Relief Fund Reporting Requirements Saturday, specifying the data that providers who received more than $10,000 in relief fund payments will...
Greystar launching new seniors housing brand
By
Amy Novotney
Sep 10, 2020
Greystar Real Estate Partners announced Tuesday the launch of Album, its new seniors housing brand.
Nebraska senior living communities developing dining room innovations to serve residents amid pandemic
By
Amy Novotney
Sep 10, 2020
Like nearly every senior living community, as the COVID-19 pandemic began in March, Nebraska-based Legacy Retirement Communities quickly went from offering its 680 senior living residents a restaurant...