Welltower sees continued senior housing occupancy decline; announces dividend of 61 cents per share
By
Amy Novotney
Oct 30, 2020
Despite the ongoing negative effects of the pandemic on Welltower’s financial results and seniors housing occupancy, the Toledo, OH-based real estate investment trust beat analysts expectations with...
Senior housing facing increasing wage pressures and resorting to more rent concessions: NIC
By
Amy Novotney
Oct 30, 2020
Higher staff wages for some senior housing operators likely are putting a strain on net operating income, according to data collected from the most recent Executive Survey conducted by the National Investment...
‘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...
Most affordable seniors housing providers can’t afford pandemic supplies: survey
By
Amy Novotney
Oct 22, 2020
The majority (69%) of affordable seniors housing providers say they are at least financially strained — if not severely financially strained — as a result of having to pay for personal protective equipment,...
Long-term care likely to face uneven recovery: report
By
Amy Novotney
Oct 19, 2020
The effects of the COVID-19 pandemic have been uneven across markets and care/service segments within long-term care, which will lead to an uneven recovery for the industry over the coming years. That’s...
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.”
Seniors housing REITs a risky investment right now: Motley Fool
By
Amy Novotney
Oct 06, 2020
The COVID-19 pandemic has turned many formerly safe investments into potentially risky ventures. These include seniors housing real estate investment trusts, according to a Motley Fool analysis.