Senior housing industry fundamentals likely will remain “negative and choppy” for the foreseeable future, but its long-term thesis looks strong, according to investment banking firm Baird.
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Increase in vaccinations likely behind acceleration in senior living move-ins: NIC
By
Amy Novotney
Jan 29, 2021
The pace of move-ins over the past 30 days has ticked up within independent living, assisted living and memory care units, according to data collected from the most recent Executive Survey conducted by...
Business briefs for Tuesday, Jan. 26
Jan 26, 2021
SNFs report 69% median occupancy nationwide to start the new year: CLA … With many SNFs missing out on PDPM payments, 2021 may be good time for investors to consider acquisitions: expert … Senior living...
Some senior living operators add vaccine access to marketing toolkits to help rebuild occupancy
By
Kimberly Bonvissuto
Jan 25, 2021
As the COVID-19 pandemic sends occupancy rates plummeting in senior living communities, some operators are adding vaccine access to their marketing toolbox in a bid to entice prospective residents and...
Long-term care industry rebound won’t be quick, but it will happen
By
Amy Novotney
Jan 21, 2021
As of Jan. 12, at least 136,000 COVID-19 deaths have been reported among residents and employees of nursing homes and other long-term care facilities for older adults in the United States, according to...
Welltower’s senior housing occupancy drops to 75.3%
By
Amy Novotney
Jan 20, 2021
Welltower’s total senior housing operating portfolio occupancy declined approximately 220 basis points during the fourth quarter, falling from 78.4% to 76.2%, according to a business update released...
Senior housing and care acquisition numbers reach record high in fourth quarter
By
Amy Novotney
Jan 15, 2021
Despite a surge in COVID-19 cases nationwide, the number of publicly announced senior housing and care acquisitions in the fourth quarter of last year rose to a record high, with 120 deals announced, according...