Seniors housing new normal likely to include updates to dining, beautician services, security measures...
By
Amy Novotney
May 22, 2020
Virginia-based LifeSpire Living has a tentative date set of June 10 for the reopening of its four continuing care retirement communities to visitors and new residents. But as Jonathan Cook, the operator’s...
Fed chairman: GDP could shrink by 30% but depression unlikely
By
Amy Novotney
May 19, 2020
Although the U.S. gross domestic product could shrink upwards of 30% in the second quarter, Federal Reserve Chairman Jerome Powell told 60 Minutes Sunday that the economy will avoid a Depression-like economic...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
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,...
Business briefs for Monday, May 4
By
Amy Novotney
May 04, 2020
Poll: Two-thirds of Americans don’t feel comfortable returning to their workplaces yet
… Experts: COVID-19 may not drastically affect Social Security benefits … More U.S. workers concerned about...
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Ventas offering deferred rent for April; others likely to follow
By
Amy Novotney
Apr 01, 2020
Ventas announced Monday that it is offering a 25% deferred rent payment for April for its operators in triple-net leases — about 20% of its portfolio by net operating income.
Labor Department excludes senior living from COVID-19 relief bill’s paid leave requirement
By
Amy Novotney
Mar 29, 2020
The Department of Labor released updated questions and answers regarding the Families First Coronavirus Response Act Saturday, and provided guidance categorizing senior living providers as “health care...
Rethinking the healthcare workforce amid COVID-19
By
Amy Novotney
Mar 30, 2020
Healthcare organizations around the nation are scrambling to stay on top of the COVID-19 pandemic. Many facilities are finding that adequate staffing — a hurdle in the best of times — has become...