Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
After months of increases, SNF occupancy slowed in September: NIC report
By
Kathleen Steele Gaivin
Dec 10, 2021
Reversing a seven-month trends, skilled nursing occupancy declined to 75.1% between August and September. That amounted to a 27 basis points downturn, according to the latest Skilled Nursing Monthly...
Senior living wages competitive against other healthcare sectors: NIC
By
Kimberly Bonvissuto
Jul 26, 2022
The senior living industry employed more personal care aides than skilled nursing in 2021 and paid competitive wages that came close to the national hourly average, according to a new analysis of jobs...
Senior living sees fewer M&A deals but higher dollar investment
By
Lois A. Bowers
Oct 16, 2019
The number of publicly announced senior housing and care acquisitions is trending downward, whereas the total dollar amount of those investments is increasing, according to data released Tuesday.
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...
HUD awards $143 million in grants for affordable senior housing
By
Kathleen Steele Gaivin
Sep 24, 2021
The grants will go toward development of multifamily construction projects, ongoing project rental assistance for very low-income seniors under the department’s Section 202 Supportive Housing for the...
Welltower closes on $1.4 billion in investments in second quarter, plans to top that in third
By
Kimberly Bonvissuto
Aug 02, 2021
The second quarter of 2021 was one of the best quarters for Welltower from a capital deployment perspective, CEO and Chief Investment Officer Shankh Mitra said Friday, explaining that the real estate investment...
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
Strategies to Outlast the COVID-19 Pandemic
McKnight’s most recent Power Panel discussion, “Strategies to outlast the COVID-19 pandemic,” took an in-depth look at how senior housing and care sectors can recover occupancy, leverage...
More investors allocating capital to alternative real estate assets such as senior living: JLL
By
Amy Novotney
Mar 31, 2021
Last year, amid the turbulence of the overall U.S. commercial real estate industry and increasing volume declines, many investors increased their activity in some alternative property sectors, including...