Private buyers dominate senior housing transactions in first quarter
By
Kathleen Steele Gaivin
May 03, 2022
Of the $1.2 billion of closed deals in the first quarter of 2022, private buyers represented $877 million, or 76%, of the closed volume, according to data released at a recent webinar hosted by NIC MAP.
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
NCAL, Argentum tell OSHA: COVID-19 healthcare rule could compound senior living financial, workforce...
By
Kimberly Bonvissuto
Apr 28, 2022
Senior living industry leaders brought their concerns about a proposed federal COVID-19 healthcare rule to the table on Wednesday in testimony reiterating their opposition to broad requirements that they...
With no targeted relief on horizon, Argentum seeks various avenues of financial support for senior living
By
Kimberly Bonvissuto
Apr 28, 2022
With no apparent additional targeted COVID-19 financial relief on the horizon for the assisted living industry, Argentum is continuing its push to have providers included in proposed relief packages for...
Workforce issues remain top challenge for affordable senior housing organizations: survey
By
Kimberly Bonvissuto
Apr 27, 2022
Workforce challenges, resident mental health and property insurance rates remain the top concerns for affordable senior housing providers, according to the results of a new LeadingAge survey.
OSHA’s proposed COVID-19 healthcare rule ‘over prescriptive,’ confusing, industry leaders say
By
Kimberly Bonvissuto
Apr 26, 2022
A proposed federal COVID-19 healthcare rule is “overly prescriptive” and creates confusion, according to senior living industry leaders.
Mather’s move into third state progresses as vertical construction begins on life plan community
By
Kathleen Steele Gaivin
Apr 21, 2022
Mather is marking its entry into the commonwealth of Virginia as vertical construction is set to begin on The Mather at Tysons in northern Virginia. The company already operates life plan communities (also...
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Streamlined wage determination process could help address workforce crisis
By
Kimberly Bonvissuto
Apr 08, 2022
A more streamlined wage determination process for nurses will help the long-term care industry address a historic workforce crisis, according to industry experts.