‘Beginning to crumble’: Providers face operational crisis in battling COVID-19
By
Kimberly Bonvissuto
Sep 17, 2020
A survey of long-term care providers in Pennsylvania provides a “sobering” look at how the pandemic is affecting operations and should be cause for “immediate alarm,” according to an association...
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Almost 40% of residential care aides live in low-income households: report
By
Kimberly Bonvissuto
Sep 09, 2020
Direct care workers, including residential care aides who work in assisted living communities, have been elevated to “hero” status during the COVID-19 public health crisis. New research, however, indicates...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
SNFs and memory care units reporting improvements in occupancy rates: NIC survey
By
Amy Novotney
Sep 04, 2020
More organizations that deliver care for those with greater needs — including skilled nursing and memory care units — have been reporting occupancy improvements, according to data collected from the...
Seniors housing occupancy dropped below 85% on the second quarter: NIC
By
Amy Novotney
Sep 02, 2020
Overall occupancy within majority assisted living and majority independent living averaged 84.9% from April through June, down 2.8% from the prior quarter. That’s according to second quarter market fundamentals...
Association advocates for CMS visitation guideline use in assisted living
By
Kimberly Bonvissuto
Sep 01, 2020
An association representing more than 425 assisted living communities and nursing homes throughout New York is calling on the state to revise its “one-size-fits-all” pandemic policies on testing and...
Assisted living occupancy declines at highest rate since April: NIC
By
Amy Novotney
Aug 20, 2020
The occupancy rate for senior living properties with a majority of assisted living units fell 1.7% last month, according to new data from the National Investment Center for Seniors Housing & Care’s NIC...