Litigation-related expenses increasing for employers
By
Kathleen Steele Gaivin
Feb 08, 2024
Employers faced greater litigation — and higher related expenses — last year than the previous year and are likely to face similar issues this year, due to increased regulations, class action suits...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Diversified Healthcare Trust reports 54.4 percent dip in net operating income, occupancy drop
By
Kathleen Steele Gaivin
Feb 01, 2024
Net operating income in Diversified Healthcare Trust’s senior housing operating portfolio, or SHOP, has fallen 54.4% since November, the Newton, MA-based real estate investment trust reported Wednesday.
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Month-over-month occupancy up 20 basis points in Diversified Healthcare Trust’s portfolio
By
Kathleen Steele Gaivin
Jan 02, 2024
November occupancy was 80.1% in Diversified Healthcare Trust’s senior housing operating portfolio, the Newton, MA-based real estate investment trust disclosed Thursday in a press release.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
Maplewood Senior Living achieves 95 percent occupancy across senior housing portfolio
By
Kathleen Steele Gaivin
Dec 18, 2023
Maplewood Senior Living has reached a 95% average occupancy rate across its senior housing portfolio (independent living, assisted living and memory care), with multiple communities currently at 100% occupancy,...
Senior living posts negative total return
By
Kathleen Steele Gaivin
Dec 15, 2023
The senior living sector posted a total return of –1.15% in the third quarter, according to the National Investment Center for Seniors Housing & Care. That’s after posting a positive total return of...