CCRC’s entrance fee policy confuses resident, leads to lawsuit
By
Kathleen Steele Gaivin
Feb 08, 2023
A Tennessee continuing care retirement community is attracting some unwanted attention over an entrance fee policy that is not unheard of in the industry. The case highlights the importance of using clear...
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Senior housing total investment return rises again in Q3: NIC
By
Kathleen Steele Gaivin
Dec 15, 2022
The senior living sector has seen nine consecutive quarters of total investment return gains since the second quarter of this year, according to a National Investment Center for Seniors Housing & Care...
Brightview Senior Living to use $202 million fund to develop new properties
By
Kathleen Steele Gaivin
Dec 12, 2022
Baltimore-based Brightview Senior Living has raised $202 million in a new fund that the company will use to develop eight or nine new senior living communities over the next three years, CEO and President...
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Say ‘Hello’ to Erickson’s national recruitment campaign
By
Kathleen Steele Gaivin
Nov 08, 2022
Baltimore-based Erickson Senior Living’s new national recruitment campaign is called Hello.
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...