Pent-up need for senior housing, services drives record absorption: Report
By
Kathleen Steele Gaivin
Mar 24, 2022
The pent-up need for senior housing resulting from the pandemic has driven record absorption across the industry over the past six months, according to a first quarter special report from Marcus & Millichap.
Occupancy recovery continues, but rising operating expenses remain a concern: NIC
By
Kathleen Steele Gaivin
Mar 11, 2022
Rising operating expenses may limit the degree to which operating margins will grow in the next six months, according to the latest Executive Survey Insights report, released Thursday by the National Investment...
SNF occupancy continued slow recovery through December, NIC says
By
Kathleen Steele Gaivin
Mar 08, 2022
Skilled nursing facility occupancy in December 2021 hit its highest level since May 2020, according to data released Thursday by the NIC Skilled Nursing Data Initiative.
Healthcare Trust moves 20 Addington Place communities from Cedarhurst to Senior Lifestyle, Jaybird
By
Kathleen Steele Gaivin
Mar 04, 2022
Healthcare Trust Inc. announced Wednesday that it has transitioned management of 20 Addington Place-branded senior living communities to Senior Lifestyle Corp. and Jaybird Senior Living, effective March...
Senior living experiences highest year-over-year growth in asking rates since 2017: NIC
By
Kathleen Steele Gaivin
Mar 02, 2022
The independent living, assisted living and memory care sectors of long-term care in the fourth quarter of 2021 all experienced the highest year-over-year growth in asking rates since NIC MAP began reporting...
Senior living industry ripe for inventory growth: forecast
By
Kathleen Steele Gaivin
Feb 23, 2022
The senior living sector could see a robust uptick in inventory growth within four years, according to Sally Heffernan, senior vice president at Plante Moran Living Forward , the senior living development...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Five Star Senior Living rebrands as AlerisLife, plans to diversify offerings
By
Lois A. Bowers
Jan 26, 2022
Newton, MA-based Five Star Senior Living has changed its name to AlerisLife Inc. effective immediately, the company announced this morning along with plans to expand its offerings to include active adult...
Ventas sees ‘robust demand’ in senior living portfolio
By
Kathleen Steele Gaivin
Jan 24, 2022
Occupancy in real estate investment trust Ventas’ senior housing operating portfolio increased 110 basis points (1.1%) to 83.3% in the fourth quarter of 2021 compared with the previous quarter, the Chicago-based...
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.