National senior housing vacancy rate hits 12.3% in second quarter: Moody’s
By
Amy Novotney
Sep 16, 2020
COVID-19 had a particularly marked effect on the seniors housing industry in the second quarter, resulting in steep inclines in vacancy, according to a new quarterly update from Moody’s Analytics REIS.
Pandemic changing operations forever, Texas senior living operator says
By
Amy Novotney
Sep 15, 2020
Even within smaller group homes for seniors, operators have had to make significant changes in staffing, vendor contracts and visitation to preserve resident safety amid the pandemic, according to one...
Business groups back pandemic insurance bill
By
Amy Novotney
Sep 15, 2020
As the COVID-19 pandemic continues to decimate the financial stability of so many small firms, including many in the long-term care industry, efforts are afloat to better protect small businesses in future.
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Middle-market M&A activity has declined nearly 22% year over year: Capstone Headwaters report
By
Amy Novotney
Aug 31, 2020
Middle-market merger and acquisition activity has fallen 21.6% since the second quarter of 2019, due to the pandemic severely slowing transaction volume. That’s according to a capital markets update...
Pandemic-related fiscal woes to continue: report
By
Amy Novotney
Aug 27, 2020
The healthcare industry — and senior housing in particular — will see continued distress as a result of the COVID-19 pandemic, according to a report released Wednesday by Polsinelli, a law firm.
Economists expect recession’s end by 2021: survey
By
Amy Novotney
Aug 26, 2020
Most economists expect the U.S. to emerge from the current economic recession later this year or early in 2021, according to a National Association for Business Economics survey. Approximately 80% of respondents,...
More than a third of Americans say the pandemic has altered their retirement plans: survey
By
Amy Novotney
Jul 31, 2020
The COVID-19 pandemic has been taking a toll on Americans’ retirement plans, according to a new Nationwide Retirement Institute survey of more than 2,000 adults aged 18 years and older.
Liability dispute stalls COVID-19 relief bill
By
Amy Novotney
Jul 31, 2020
Negotiations between the White House and congressional Democrats have stalled this week over the COVID-19 liability protections proposed for businesses, healthcare providers and schools in the $1 trillion...
Business briefs for Thursday, July 23
By
Amy Novotney
Jul 23, 2020
NIC issues RFP for national study comparing COVID-19 effects in senior living and care facilities compared to non-congregate settings … SEC issues new final rule requiring proxy advisory firms to disclose...