Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...
Operators better prepared to manage next pandemic: LTC Properties CEO
By
Kimberly Bonvissuto
Nov 02, 2020
The senior living and care industry has faced considerable challenges related to COVID-19, but operators now have better tools and a better understanding of how to manage in the pandemic, LTC Properties...
New Welltower CEO remains committed to ‘wellness infrastructure’
By
Kimberly Bonvissuto
Oct 30, 2020
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
‘Not just a nursing home issue’: COVID a challenge in affordable senior housing: LeadingAge survey
By
Kimberly Bonvissuto
Oct 22, 2020
Close to 60% of nonprofit senior housing providers surveyed by LeadingAge reported confirmed COVID-19 cases in their communities, raising concerns about the more than 2.5 million low-income older adults...
Despite record-setting occupancy drop, pandemic could offer ‘silver lining’ for senior living, NIC...
By
Lois A. Bowers
Oct 16, 2020
Independent living and assisted living communities saw their largest occupancy drops on record in the third quarter of 2020, according to data released Thursday by the National Investment Center for Seniors...
Senior living sees largest occupancy drop on record, NIC says
By
Lois A. Bowers
Oct 15, 2020
The senior housing sector — including independent living and assisted living — is experiencing its largest drop in occupancy on record, according to data released today by the National Investment Center...
COVID-19 ‘nightmare’ provides ‘teachable moment’ for industry: NIC panel
By
Kimberly Bonvissuto
Oct 07, 2020
COVID-19 is “a nightmare beyond any worst-case scenario” for the senior living and care industry, but the overriding message is “we’re going to get through this,” Mark Parkinson, president and...
Future of seniors housing industry is ‘all about a vaccine’: NIC economist
By
Kimberly Bonvissuto
Oct 06, 2020
The future of seniors housing will depend on several factors, but to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace, “It’s all about a vaccine.”
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Assisted living to receive 15 million more COVID tests, but more support needed, provider groups say
By
Kimberly Bonvissuto
Sep 30, 2020
Assisted living communities will receive 15 million additional COVID-19 rapid, point-of-care antigen tests in the coming weeks, President Donald Trump announced Monday in providing an update on the nation’s...