Senior living seeks some of $23 billion remaining in CARES Act funding to help cover COVID costs
By
Lois A. Bowers
Apr 05, 2021
Two senators estimate that approximately $23 billion remains in the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund and maintain that “a proportional allocation of funds...
Regional Health generates positive free cash flow from continuing operations, despite COVID-19 headwinds
By
Amy Novotney
Apr 05, 2021
Despite some headwinds from COVID-19, executives at Regional Health Properties feel hopeful about the nation’s vaccine efforts and occupancy recovery in the second half of the year, according to the...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
As vaccination continues, industry faces challenges
By
John Hall
Apr 01, 2021
Field confronts distribution problems along with attitudinal resistance related to COVID-19 vaccines.
Capital Senior Living move-ins at 2-year high, indicating rebound in demand, CEO says
By
Alicia Lasek
Apr 01, 2021
March move-ins across the company’s 60 communities are on track to be at their highest monthly level in two years, while overall occupancy rates remain near 75%.
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...
Occupancy downturn is losing steam as resident demand rises: NIC executive survey
By
Alicia Lasek
Mar 26, 2021
The share of seniors housing and care organizations reporting decelerations in move-ins and occupancy rates is at an all time low for all care segments during the pandemic, according to the NIC’s...
Value-based models may help improve occupancy, increase investor confidence post-COVID, speakers say
By
Amy Novotney
Mar 25, 2021
The COVID-19 pandemic has thrust healthcare for older adults into the spotlight, making access to services an important part of an operator’s value proposition for both residents and investors, speakers...
Low-tech program helps assisted living residents socialize, med students learn during pandemic
By
Kimberly Bonvissuto
Mar 15, 2021
A simple social calling model launched during the pandemic gave medical students real-life practice in geriatric assessment skills while providing socialization opportunities for residents of assisted...
Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...