Report addresses long-term care’s ‘elephant in the room’
By
Kathleen Steele Gaivin
Sep 21, 2021
Occupancy, the prospect journey, technology and COVID-19 are the top headwinds facing the long-term care industry, according to a recent report from predictive marketing firm G5.
Too early for ‘all-clear flag,’ but Welltower is ‘cautiously optimistic’ about senior living
By
Kimberly Bonvissuto
Apr 30, 2021
Although it is too early to “raise an all-clear flag,” Welltower CEO Shankh Mitra said Thursday that he is “cautiously optimistic” about the senior living business.
Remember Me Senior Care offers memory care in five-home, farmhouse-style neighborhood
By
Kathleen Steele Gaivin
May 31, 2022
Knoxville, TN-based Solinity recently partnered in the opening of the Remember Me Senior Care senior living community, a five-home, farmhouse-style neighborhood, in Cleveland, TN.
Newton, MA-based Diversified Healthcare Trust experienced a “year of recovery,” President and CEO Jennifer Francis said during the real estate investment trust’s fourth-quarter and full-year 2022...
Fort Myers, FL, seniors housing community defaults on mortgage
By
Amy Novotney
Aug 31, 2020
Campo Felice, a Fort Myers, FL, independent living rental community, has defaulted on its mortgage, according to an account Friday in the Business Observer.
Occupancy, move-ins increase; attracting staff remains major challenge: NIC survey
By
Kathleen Steele Gaivin
Jul 16, 2021
The senior living and care industry is slowly rebooting since the COVID-19 vaccine came online, according to results of the latest executive survey released Thursday by the National Investment Center for...
Skilled nursing occupancy dips: NIC
By
Kathleen Steele Gaivin
Jun 06, 2023
Occupancy decreased among skilled nursing facilities in March, after increasing for two months in a row, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...