Brookdale reports positive year-over-year weighted average occupancy growth
By
Kathleen Steele Gaivin
Mar 10, 2022
Brentwood, TN-based Brookdale Senior Living announced Tuesday that February was the company’s fourth consecutive month of positive year-over-year weighted average occupancy growth since the pandemic...
Pennant Group again increases 2020 guidance; highlights strong balance sheet
By
Amy Novotney
Nov 12, 2020
After already increasing its 2020 annual adjusted earnings per share guidance by approximately 34% in its second quarter earnings release, the Pennant Group again revised upward Tuesday, to a range of...
Technology-enabled services and care are fueling innovation in senior living, speakers say
By
Kimberly Bonvissuto
Sep 18, 2020
Investments in technology and technology-enabled care are fueling innovation in the senior living and care industry, although more investment is needed, according to industry experts.
Paying direct care workers a living wage would reduce turnover, increase productivity by at least $5.5B:...
By
Amy Novotney
Sep 09, 2020
Raising the pay of workers in residential care settings to the living wage in their respective states would lead to several economic benefits for workers, employers and the economy overall, according to...
Lenders still bullish on senior housing; expect 2022 to be more borrower-friendly
By
Amy Novotney
Feb 11, 2021
The senior housing financing markets have evolved over the course of the pandemic — as lenders and owners both adapted in real-time — to unprecedented asset level revenue declines exacerbated by operating...
Nursing home and assisted living move-ins increasing: NIC survey
By
Amy Novotney
Oct 19, 2020
Assisted living and skilled nursing facilities are reporting an increase in the pace of move-ins over the past 30 days, according to data collected from the most recent Executive Survey conducted by the...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Pandemic may cause increase in need for LTC for people living with dementia
By
Amy Novotney
Sep 02, 2021
The ongoing COVID-19 pandemic could cause a significant rise in the number of people living with dementia, according to a group representing more than 100 Alzheimer’s and dementia associations globally....
Senior housing facing increasing wage pressures and resorting to more rent concessions: NIC
By
Amy Novotney
Oct 30, 2020
Higher staff wages for some senior housing operators likely are putting a strain on net operating income, according to data collected from the most recent Executive Survey conducted by the National Investment...
Long-term care facilities face critical nursing shortage
By
Kathleen Steele Gaivin
Jul 07, 2021
Long-term care facilities everywhere are struggling with the dire effects of the nursing shortage.