‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
‘Plain vanilla’ senior living still won’t do
By
Lois A. Bowers
Dec 18, 2023
As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
What senior living leaders need to know about artificial intelligence
By
Arick Morton
Dec 18, 2023
Senior living executives have two key decisions to make to move forward with AI-enabled solutions, according to NIC MAP Vision CEO Arick Morton.
Report: Alternative approaches to senior living, LTSS needed for growing older adult population
By
Kimberly Bonvissuto
Dec 01, 2023
Only 13% of adults aged 75 or more years who are living alone across 97 US metro areas can afford to move into an assisted living community without starting to cash in their assets, according to “Housing...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
‘Unique’ senior living workforce challenges have 3 solutions, former Speaker Paul Ryan says
By
Lois A. Bowers
Oct 25, 2023
CHICAGO — Three keys to solving workforce shortages in senior living and skilled nursing are changes to the country’s social safety net, reforms to immigration policies, and the use of technology,...
People in the news, Oct. 17
Oct 17, 2023
Appointments, promotions and other news at The Eden Alternative, Green Oak Consulting Group, JLL, The Kendal Corp., the National Investment Center for Seniors Housing & Care, Red Oak Capital Holdings,...
People in the news, Oct. 10
Oct 10, 2023
Appointments and promotions at Avail Senior Living, Calson Management, Christian Horizons, Design Environments, Elancé Luxury Living, Guardian Pharmacy of Southwest Florida, Kendal, Lifespace Communities,...