Focus on healthcare partnerships key to thriving in seniors housing
By
Amy Novotney
Oct 26, 2020
To survive and even thrive in a post-COVID-19 world, operators must harness their expertise in the needs of seniors and build alliances that put them in the center of the healthcare marketplace. That’s...
A focus on staff helped several MI nursing homes limit the spread of COVID-19: study
By
Amy Novotney
Oct 20, 2020
Making changes to where and how staff work and increasing pay appear to help reduce the spread of COVID-19 in long-term care. That’s according to a study published this month of approximately 215 residents...
Seniors housing likely to see several design changes post-pandemic: experts
By
Amy Novotney
Oct 05, 2020
In the age of COVID-19, senior living designers have been hard at work to figure out what a “new normal” might look like within the industry. Although an array of ideas have been proposed, speakers...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Business briefs for Monday, Sept. 29
Sep 28, 2020
Pandemic hurting retirement security: GAO … Two former SNF leaders to face criminal charges after nearly 80 residents died of COVID-19 … Ziegler closes $47.8M in Series 2020A and 2020B bond financing...
The work-from-home surge may lead workers buy retirement homes even before they retire
By
Amy Novotney
Sep 22, 2020
COVID-19 has forced many Americans to work remotely — and some companies even have added an option for employees to work from home for the rest of their careers. For the senior housing industry, this...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
COVID-19 ushers in new construction realities
By
Amy Novotney
Sep 11, 2020
More than six months into the COVID-19 pandemic, flexibility and planning for the unexpected top the list of necessities when it comes to undergoing construction projects within seniors housing. That’s...
Nebraska senior living communities developing dining room innovations to serve residents amid pandemic
By
Amy Novotney
Sep 10, 2020
Like nearly every senior living community, as the COVID-19 pandemic began in March, Nebraska-based Legacy Retirement Communities quickly went from offering its 680 senior living residents a restaurant...
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...