Ruling clears way for class-action suit over CCRC refunds
By
Kimberly Bonvissuto
Dec 14, 2022
A class-action lawsuit filed in 2013 against a senior living operator alleging consumer fraud over refunds to continuing care retirement community residents can move forward after a New Jersey judge denied...
DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
More news for Tuesday, Nov. 1
By
Kimberly Bonvissuto
Nov 01, 2022
California study holds lessons for middle-market providers nationwide: NIC … Linking affordable housing, services helps low-income older adults remain in communities: AARP … Memory care caregiver convicted...
Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
Senior living hacker sentenced to 20 years for $27 million ransomware attack
By
Kimberly Bonvissuto
Oct 07, 2022
A Canadian man linked to an international network of ransomware attacks affecting the senior living industry during the COVID-19 pandemic has been sentenced to 20 years in prison and ordered to forfeit...
Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.
Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...
Leaders identify funding sources for senior living wellness model
By
Kimberly Bonvissuto
Jul 22, 2022
Senior living operators looking for ways to pay for an increased presence of wellness programming in their communities have several options, concluded a think tank of senior living leaders who attended...
$18 million tech startup eyes creating efficiencies specifically for assisted living
By
Kimberly Bonvissuto
Jun 24, 2022
A chance encounter on a playground led to the launch of a startup aimed at streamlining the work of assisted living staff members and operators through technology. The case of August Health provides a...