Skilled nursing occupancy hits new low of 73.8%: NIC
By
Amy Novotney
Nov 05, 2020
The trend of declining occupancy rates for skilled nursing continued in August as a result of the ongoing effects of COVID-19. Operators saw occupancy rates fall another 81 basis points from July to August,...
More acquisitions, conversions on tap for Capital Senior Living
By
Lois A. Bowers
Mar 01, 2017
Capital Senior Living in 2017 will be focused on acquiring new communities, increasing the number of properties it owns rather than leases, and converting some existing independent living units to assisted...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Expect 3 to 4 years before senior living returns to pre-pandemic health: investors
By
Amy Novotney
Dec 10, 2020
Thanks to lockdowns, move-in restrictions and ongoing low occupancy rates, the senior living sector has been the weakest part of most of the major healthcare real estate investment trusts over the past...
Scenario planning is a powerful financial tool for senior living operators: Mace
By
Amy Novotney
May 19, 2020
The end of the coronavirus continues to be difficult to predict, but in the meantime, operators, investors and lenders can take contingency planning steps to address the myriad paths that may unfold, advises...
COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...
8 trends in seniors housing and care
Aug 28, 2015
National Centers for Seniors Housing and Care Chief Economist Beth Mace has identified eight trends in seniors housing and care.
Senior living recovery uneven across markets, but sector remains ‘agile and resilient’: NIC analysis
By
Kathleen Steele Gaivin
Dec 21, 2021
Senior housing demand overall began to recover in the second quarter and registered its strongest increase in the third quarter, but some areas are recovering more quickly than others, according to Beth...
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Business briefs, March 28
By
Kathleen Steele Gaivin
Mar 28, 2022
Occupancy continues to increase, but full recovery could take years … Consumer confidence, fewer fears signal positive trends for long-term care … GOP senator to offer counterproposal to Dems’ COVID-19...