The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Navigating turbulent waters: Shoring up against financial distress and M&A
By
Raoul Nowitz
Jul 25, 2024
The challenges facing senior living will translate into an increase in mergers and acquisitions.
Ensign ‘excited’ about acquisitions; Healthpeak CCRCs have ‘pretty good first half’
By
Kathleen Steele Gaivin
Jul 29, 2024
The Ensign Group and Healthpeak Properties detailed second-quarter 2024 earnings results on Friday calls with investors and analysts.
Senior living sees overall occupancy increase for 12th consecutive quarter
By
Kimberly Bonvissuto
Jul 12, 2024
Senior living occupancy saw its 12th consecutive quarter of overall occupancy gains in the second quarter, although independent living broke previous patterns by surpassing assisted living in its occupancy...
Older Americans Act discussion draft prompts litany of recommendations from senior living industry
By
Kimberly Bonvissuto
Jul 26, 2024
Addressing long-term care opportunities for the direct care workforce and adopting an all-of-government approach to aging are among the recommendations senior living leaders made in comments to senators...
Meet Heather Turner, 2024 Veteran VIP honoree
By
Adam Healy
Jul 24, 2024
Heather Turner, executive director at Timber Ridge at Talus, LCS in Issaquah, WA, is a Veteran VIP honoree in the 2024 McKnight’s Women of Distinction awards program.
Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
Senior living will ‘benefit greatly’ from ‘largest federal investment’ of $244 million in apprenticeships,...
By
Kathleen Steele Gaivin
Jul 15, 2024
The White House has announced the awarding of $244 million in grants aimed at bolstering registered apprenticeship programs across the country.