Two senior living companies introduce new brand: Ativo Senior Living; first community under construction
By
Amy Novotney
Aug 17, 2020
Senior living companies Link Senior Development and Insight Senior Living have partnered to develop a new luxury senior living brand called Ativo Senior Living.
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Stimulus grants helping Diversicare and NHC withstand pandemic’s decreased revenue and significant...
By
Amy Novotney
Aug 07, 2020
Brentwood, TN-based Diversicare felt the impact of COVID-19 “in a very real way” in the second quarter, recording more than 2,500 positive cases in patients, residents and staff, affecting 56 of the...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
COVID-19 lawsuit against nursing home alleges wrongful death
By
Amy Novotney
Aug 06, 2020
In what is likely a sign of things to come, the children of a man who died from COVID-19 is suing his nursing home for failing to adequately protect him from the virus.
Analysts tout larger units, more amenities and urban locations
By
Amy Novotney
Jul 20, 2020
To meet the anticipated demand from baby boomers, senior housing developers should focus on increasing the average unit size in their projects and adding a greater number of amenities. That’s according...
Second defendant agrees to pay $2.25 million to settle fraud charges against long-term care investment...
By
Kimberly Bonvissuto
Jul 09, 2020
The second defendant in a scheme to defraud investors in the Orthodox Jewish community who invested in assisted living communities and nursing homes throughout the Midwest has settled his case with the...
House passes two bills supporting affordable seniors housing
By
Amy Novotney
Jul 06, 2020
Affordable senior housing received a strong boost of support from the House last week as lawmakers passed two pieces of legislation: the Emergency Housing Protections and Relief Act of 2020 and the Moving...
Some assisted living operators passing COVID-19 costs on to residents
By
Amy Novotney
Jun 26, 2020
Senior living residents or their family members in at least eight states have filed complaints to their state attorney general or long-term care ombudsman about unfair billing practices related to the...