Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
Expenses top list of challenges for operators, NIC survey results indicate
By
Kimberly Bonvissuto
Apr 14, 2023
Expenses are gaining momentum as the biggest challenge facing independent living, assisted living and skilled nursing operators, according to responses to a new survey by the National Investment Center...
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
As ‘unprecedented’ crisis continues, workforce issues top 5 priorities for NCAL, executive director...
By
Kimberly Bonvissuto
Oct 10, 2022
NASHVILLE, TN — As assisted living providers continue to experience an “unprecedented workforce crisis right now,” the issue tops the list of five priorities for the National Center for Assisted...
Expense pressures overtake workforce issues as top challenge for operators: NIC
By
Kimberly Bonvissuto
Aug 26, 2022
Increasing operating expenses are overtaking staffing issues as the biggest challenge facing senior living and care organizations, according to the results of a new survey by the National Investment Center...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
Operators less optimistic about operating margins: NIC
By
Kimberly Bonvissuto
Jul 01, 2022
Despite improving occupancy, fewer operators expect operating margins to improve, according to a new National Investment Center for Seniors Housing & Care survey.