New Senior: March occupancy decline is expected to be the lowest since the start of the pandemic
By
Amy Novotney
Apr 08, 2021
New York City-based New Senior Investment Group reported Tuesday that although occupancy continued to decline in the first quarter, monthly occupancy trends have improved significantly.
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...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living seeks some of $23 billion remaining in CARES Act funding to help cover COVID costs
By
Lois A. Bowers
Apr 05, 2021
Two senators estimate that approximately $23 billion remains in the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund and maintain that “a proportional allocation of funds...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
Capital Senior Living move-ins at 2-year high, indicating rebound in demand, CEO says
By
Alicia Lasek
Apr 01, 2021
March move-ins across the company’s 60 communities are on track to be at their highest monthly level in two years, while overall occupancy rates remain near 75%.
More investors allocating capital to alternative real estate assets such as senior living: JLL
By
Amy Novotney
Mar 31, 2021
Last year, amid the turbulence of the overall U.S. commercial real estate industry and increasing volume declines, many investors increased their activity in some alternative property sectors, including...
Occupancy downturn is losing steam as resident demand rises: NIC executive survey
By
Alicia Lasek
Mar 26, 2021
The share of seniors housing and care organizations reporting decelerations in move-ins and occupancy rates is at an all time low for all care segments during the pandemic, according to the NIC’s...
Value-based models may help improve occupancy, increase investor confidence post-COVID, speakers say
By
Amy Novotney
Mar 25, 2021
The COVID-19 pandemic has thrust healthcare for older adults into the spotlight, making access to services an important part of an operator’s value proposition for both residents and investors, speakers...
Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...