Proposed changes could double budget rate increase for affordable senior housing providers
By
Kimberly Bonvissuto
Nov 22, 2022
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023.
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Pennant senior living portfolio continues rebuilding, with focus on leadership development
By
Kimberly Bonvissuto
Nov 09, 2022
Although wage pressures stifled third-quarter earnings, the Pennant Group saw notable progress on revenue and occupancy and is on track to make “significant” improvements and deliver strong results...
On Election Day, policies, relationships, leadership are long-term care’s ‘dogs in the fight’
By
Kimberly Bonvissuto
Nov 08, 2022
As the midterm elections play out across the nation today, LeadingAge President and CEO Katie Smith Sloan said that providers’ “dogs in the fight” are policies, relationships and leadership in Congress.
DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
‘Historic’ Social Security cost-of-living adjustment gets mixed reviews from advocates
By
Kimberly Bonvissuto
Oct 14, 2022
The Social Security Administration on Thursday issued a historic 8.7% cost-of-living increase, giving prospective senior living residents improved buying power in the coming year. But the increase is getting...
Outreach, advocacy, education keys to solving workforce issues, Argentum says
By
Kimberly Bonvissuto
Sep 16, 2022
Heightened outreach, advocacy and education will be keys to addressing workforce shortages in senior living, according to Argentum.
Provider shares ‘telewellness playbook’ to address resident mental health
By
Kimberly Bonvissuto
Aug 26, 2022
As resident mental health and well-being top the list of challenges for affordable senior housing providers, one operator is sharing its playbook on a successful telewellness program.
Ventas performs at high end of expectations in second quarter
By
Kimberly Bonvissuto
Aug 08, 2022
The business performance of Chicago-based real estate investment trust Ventas during the second quarter was at the high end of expectations, Ventas Chairman and CEO Debra Cafaro said Friday during a second-quarter...