Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.
Senior living occupancy rates increase steadily throughout the Midwest: analysis
By
Kathleen Steele Gaivin
Mar 21, 2024
Independent living and assisted living occupancy rates across the Midwest have slowly risen over the past several quarters, but they still remain below national averages of 87.9% and 84.5%, respectively....
Experts: Mind these 4 health and safety focus areas
By
Kathleen Steele Gaivin
Apr 19, 2024
Occupational Health and Safety Administration regulations “should be considered the starting point for any facility health and safety program,” according to presenters at a Thursday webinar by business...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
RMR Group relays progress toward ESG goals
By
Kathleen Steele Gaivin
Apr 23, 2024
The RMR Group of Newton, MA, which provides management services for senior living operator AlerisLife and real estate investment trust Diversified Healthcare Trust, made progress last year toward reaching...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Healthcare leads all other industries in jobs advertised
By
Kathleen Steele Gaivin
Feb 08, 2024
The healthcare industry is leading all others in active job postings, according to a new study from the Schmidt & Clark law firm.
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.