Report addresses long-term care’s ‘elephant in the room’
By
Kathleen Steele Gaivin
Sep 21, 2021
Occupancy, the prospect journey, technology and COVID-19 are the top headwinds facing the long-term care industry, according to a recent report from predictive marketing firm G5.
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Remember Me Senior Care offers memory care in five-home, farmhouse-style neighborhood
By
Kathleen Steele Gaivin
May 31, 2022
Knoxville, TN-based Solinity recently partnered in the opening of the Remember Me Senior Care senior living community, a five-home, farmhouse-style neighborhood, in Cleveland, TN.
Fort Myers, FL, seniors housing community defaults on mortgage
By
Amy Novotney
Aug 31, 2020
Campo Felice, a Fort Myers, FL, independent living rental community, has defaulted on its mortgage, according to an account Friday in the Business Observer.
Too early for ‘all-clear flag,’ but Welltower is ‘cautiously optimistic’ about senior living
By
Kimberly Bonvissuto
Apr 30, 2021
Although it is too early to “raise an all-clear flag,” Welltower CEO Shankh Mitra said Thursday that he is “cautiously optimistic” about the senior living business.
Occupancy, move-ins increase; attracting staff remains major challenge: NIC survey
By
Kathleen Steele Gaivin
Jul 16, 2021
The senior living and care industry is slowly rebooting since the COVID-19 vaccine came online, according to results of the latest executive survey released Thursday by the National Investment Center for...
Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
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.