COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
AL supply up, SNFs in decline
By
Tim Mullaney
Aug 01, 2014
Nursing home inventory is continuing its slow but steady downward trajectory, according to quarterly data released in July by the National Investment Center for the Seniors Housing & Care Industry.
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
New Senior ‘taking a hard look’ at underperforming assisted living / memory care communities, CEO...
By
Lois A. Bowers
Nov 02, 2018
New Senior Investment Group is “taking a hard look” at its assisted living / memory care communities, which are “weighing down” growth in overall portfolio net operating income and occupancy, CEO...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Solinity’s first management project will address middle-market need
By
Lois A. Bowers
Jun 11, 2018
Knoxville, TN-based Solinity has entered into its first management project, which is designed to fulfill a need in Montgomery, AL, for middle-market senior housing.
7 hot markets for new seniors housing inventory
By
Lois A. Bowers
Jul 27, 2017
Almost one-third of the 35,000 units of seniors housing units added in primary and secondary markets over the past year have been built in seven metropolitan markets, according to National Investment Center...
Vaccine priority may not be enough to boost senior living occupancy: speakers
By
Amy Novotney
Dec 14, 2020
Even as the first doses of a COVID-19 vaccine are set to be administered this week, many in the senior living industry are predicting a long, dark winter ahead, with continuing occupancy and move-in rate...