Coronavirus-related costs could be $10B to $20B for senior living; industry deserves bailout, groups...
By
Lois A. Bowers
Mar 24, 2020
COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in...
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
New Senior hopes selling, transitioning communities will improve performance
By
Lois A. Bowers
Feb 25, 2019
With the almost year-long process of bringing management in-house complete as of Jan. 1, New Senior Investment Group is making changes to its portfolio in an effort to improve finances, executives said...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
Lenders still bullish on senior housing; expect 2022 to be more borrower-friendly
By
Amy Novotney
Feb 11, 2021
The senior housing financing markets have evolved over the course of the pandemic — as lenders and owners both adapted in real-time — to unprecedented asset level revenue declines exacerbated by operating...
Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...