Senior living occupancy inches up in third quarter
By
Lois A. Bowers
Oct 07, 2021
A significant rebound in demand combined with a modest increase in supply contributed to a 1.4 percentage point increase in senior housing (independent living and assisted living combined) occupancy in...
Sinceri CEO discusses rebranding, the future, and the importance of listening to employees
By
Lois A. Bowers
Oct 04, 2021
Sinceri Senior Living CEO Chris Belford shares insights as JEA changes its name to Sinceri and the industry looks beyond the pandemic.
Senate committees look for solutions to improve guardianship, conservatorship systems
By
Kimberly Bonvissuto
Sep 30, 2021
With Britney Spears’ conservatorship shining a public spotlight on problems surrounding guardianship and conservatorship systems, two Senate committees are looking for solutions for related issues affecting...
Lender gives reasons to be ‘bullish’ on senior housing and care
By
Kathleen Steele Gaivin
Sep 30, 2021
The senior living sector no doubt has seen pandemic-related challenges, but “the fundamentals of the business are sound,” according to Matthew Ruark, senior vice president of commercial and healthcare...
Court precedents support Biden’s vaccine mandate for workers, experts say
By
Kathleen Steele Gaivin
Sep 28, 2021
The Republican National Committee and 24 state attorneys general have threatened to sue the Biden administration over the forthcoming COVID-19 vaccine mandate, but experts say legal precedent could be...
Federal, state governments must ensure senior living access to Pfizer vaccine boosters, associations...
By
Lois A. Bowers
Sep 27, 2021
National industry associations are promising to continue to advocate that senior living providers be prioritized and assisted in COVID-19 vaccination efforts following Friday’s endorsement of boosters...
Individual senior living properties perform about as well as they did a year ago: NIC analysis
By
Kathleen Steele Gaivin
Sep 27, 2021
Last year’s senior living occupancy seems to be an indicator of current performance, according to Beth Burnham Mace, chief economist, and Anne Standish, research statistician, at the National Investment...
HUD awards $143 million in grants for affordable senior housing
By
Kathleen Steele Gaivin
Sep 24, 2021
The grants will go toward development of multifamily construction projects, ongoing project rental assistance for very low-income seniors under the department’s Section 202 Supportive Housing for the...
Senior living providers plan COVID-19 booster clinics in advance of federal recommendations
By
Kimberly Bonvissuto
Sep 23, 2021
As the senior living industry awaits today’s scheduled vote by the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices on how to implement COVID-19 booster...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.