SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
Approximately 95% of Green House homes have reported zero cases COVID-19 among residents or staff: study
By
Amy Novotney
Aug 03, 2020
Much attention has been given of late to the properties or characteristics that have helped long-term care facilities stave off outbreaks of COVID-19. A new study led by University of North Carolina researcher...
Analysts tout larger units, more amenities and urban locations
By
Amy Novotney
Jul 20, 2020
To meet the anticipated demand from baby boomers, senior housing developers should focus on increasing the average unit size in their projects and adding a greater number of amenities. That’s according...
NHI announces continued decreases in rent collection, occupancy levels amid pandemic
By
Amy Novotney
Jul 20, 2020
Murfreesboro, TN-based National Health Investors said Friday that it had collected 96.9% of its contractual rent in July. The remaining 3.1% has been deferred or uncollected. That’s compared with a 99.4%...
June occupancy rates vary by city amidst pandemic: NIC
By
Amy Novotney
Jul 17, 2020
San Jose, CA, held the top spot for highest occupancy levels within its independent living and assisted living properties in June, according to new data from the National Investment Center for Seniors...
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...
Business briefs for Monday, July 6
Jul 06, 2020
Diversified Healthcare Trust maintains higher than expected occupancies during pandemic …House passes PPP application extension … Watercrest Senior Living Group breaks ground on new Myrtle Beach senior...
Occupancy declines continue, despite new admissions: report
By
Amy Novotney
Jul 01, 2020
Occupancy downturns are continuing, even as many senior living operators begin accepting new residents. It’s a sign that the industry still has a long, slow recovery ahead, according to a report...
Housing wealth among older homeowners grew by $120 billion in Q1: report
By
Amy Novotney
Jun 29, 2020
Homeowners aged 62 years and older saw their housing wealth grow by 1.6%, or $120 billion, in the first quarter, according to a report released Friday from the National Reverse Mortgage Lenders Association.