Aegis, Blue Moon launch second joint venture to acquire 10-community, $350M senior living portfolio from...
By
Amy Novotney
Jan 13, 2021
Aegis Living and senior housing private equity investor Blue Moon Capital Partners entered a second joint venture Tuesday with the acquisition of 10 communities across California, Washington and Nevada...
Business briefs for Thursday, Jan. 7
Jan 07, 2021
Hourly minimum wage reaches or surpasses $15 in 20 states in 2021 … Almost 60% of Americans withdrew or borrowed money from a retirement account during pandemic: study … Job recovery for women within...
Federal law no longer requires employers to provide paid leave to employees affected by COVID-19
By
Amy Novotney
Jan 06, 2021
Provisions of the Families First Coronavirus Response Act, which became law in April and mandated the paid sick leave and Family and Medical Leave Act leave for eligible employees affected by COVID-19,...
Adaptive reuse continues to make waves in seniors housing
By
Amy Novotney
Jan 05, 2021
Several Chicago-area senior housing firms are taking adaptive reuse measures to preserve existing, sometimes historic, buildings and, thus, improve the neighborhood while offering new options for senior...
Focus on socialization, meals, helps Premier keep prospects interested in moving in
By
Amy Novotney
Jan 04, 2021
As with so many senior living operators, New York, NY-based Premier Senior Living faced a double whammy drop in occupancy during the second quarter of 2020 as a result of the COVID-19 pandemic.
Long-term care industry expresses disappointment as Congress passes stimulus bill
By
Amy Novotney
Dec 22, 2020
Both the House and Senate on Monday night approved a $900 billion COVID-19 stimulus package that will provide direct payments and jobless aid to Americans as well as needed funding for small businesses...
Handwritten notes and ‘peek-a-boo’ tours top senior living marketing strategies during pandemic
By
Amy Novotney
Dec 21, 2020
As senior living operators consider strategies for 2021 amid the ongoing pandemic, several marketing executives say their firms are focused mainly on the soft skills of problem-solving and serving as support...
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...
Biden presidency reforms likely to make retirement saving possible for more Americans: fintech expert
By
Amy Novotney
Dec 11, 2020
Retirement in America is changing, with many people living and working longer, although one fintech expert told the McKnight’s Business Daily that she believes the reforms likely to be sought by President-elect...
Expect 3 to 4 years before senior living returns to pre-pandemic health: investors
By
Amy Novotney
Dec 10, 2020
Thanks to lockdowns, move-in restrictions and ongoing low occupancy rates, the senior living sector has been the weakest part of most of the major healthcare real estate investment trusts over the past...