Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Senior living occupancy on track for 9th consecutive quarterly gain
By
Kathleen Steele Gaivin
Sep 14, 2023
Senior living (independent living and assisted living, including memory care) is “on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Brookdale achieves 31 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Jun 12, 2024
Brookdale Senior Living announced late Monday that it has achieved 31 consecutive months of year-over-year weighted average occupancy growth.
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
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...
New AI tools can help with hiring, property analysis, senior care analytics giant says
By
Aaron Dorman
Mar 08, 2024
NIC MAP Vision AI has been launched to help streamline or expedite a variety of tasks typically considered time-consuming for LTC operators.
Lending volume ticks upward heading into 2022
By
Kathleen Steele Gaivin
Dec 03, 2021
With vaccination rates and occupancy increasing in senior living and care communities, bankers are seeing lending volume increase as well, Brian Heagler, senior vice president at KeyBank, said during a...
Business briefs for Wednesday, Dec. 16
By
Amy Novotney
Dec 16, 2020
Nursing and residential care employment has fallen 7.4% since February … Welltower occupancy declines continue; 4Q COVID costs higher than expected … Industry leaders stress action on combined COVID...