COVID-19 roundup: Stocks up after emergency efforts to buffer pandemic fallout; NIC economist declares...
By
Amy Novotney
Mar 20, 2020
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday...
Facility expansion plans highlight industry conflicts possible around country
By
Amy Novotney
Apr 12, 2021
While one Largo, FL, assisted living community looks to expand its available bed count, nearby competitors are sharing concerns that the move will put even more strain on an industry still reeling from...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS
By
Lois A. Bowers
Nov 16, 2020
Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex...
3 hot metro areas for senior living development
By
Lois A. Bowers
Feb 14, 2019
Three metropolitan statistical areas in particular stand out as especially attractive for new senior living communities, according to a new analysis.
‘Silver wave’ will affect some real estate markets more than others as older adults move to senior...
By
Lois A. Bowers
Dec 04, 2019
Certain markets will be saturated with housing for sale over the next 20 years as baby boomers’ homes are sold, according to a new analysis from Zillow.
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
Cleanup operations when norovirus is suspected
By
Edward Sharek
May 25, 2017
A norovirus outbreak can have very serious ramifications in a senior living or long-term care facility. Here’s how to minimize the effects.
How older adults’ perceptions due to COVID-19 affect the future of senior living
By
Jim Moore
Dec 11, 2020
Operators will need to take several steps to make prospective residents feel safe.
Erickson Living announces plans for Marriott headquarters property
By
Lois A. Bowers
Jan 24, 2019
Erickson Living will redevelop the suburban Bethesda, MD, headquarters of Marriott International once the hotel company relocates in 2022, the senior living community developer and manager has announced.