Welltower selling ‘prominent’ West Coast senior living portfolio for $740 million
By
Lois A. Bowers
Feb 14, 2020
Welltower is selling “a prominent seniors housing operating portfolio” for more than $740 million, the Toledo, OH-based real estate investment trust announced in connection with its fourth-quarter...
Healthpeak president: Senior living turnaround ‘not there yet’
By
Lois A. Bowers
Feb 13, 2020
Market dynamics will improve in senior living in 2020, but it’s too soon to say the industry has turned around from recent financial and occupancy challenges, Healthpeak President and Chief Investment...
Government awards $51.6 million for senior housing construction, service delivery
By
Lois A. Bowers
Feb 10, 2020
The U.S. Department of Housing and Urban Development on Friday announced awards of more than $51.6 million to a total of 18 nonprofit organizations to finance affordable senior housing construction, provide...
Senior living development costs expected to increase in 2020
By
Lois A. Bowers
Feb 05, 2020
Senior living development costs are expected to increase modestly in 2020, even as development activity is somewhat reduced, according to a new report by CBRE.
Argentum expands website for job-seekers, students
Jan 24, 2020
Argentum has added Careers in Caring to its Senior Living Works website.
Assisted living will need to fill 1.2 million direct care jobs over next decade: report
By
Lois A. Bowers
Jan 22, 2020
Residential care settings such as assisted living communities will need to fill more than 1.2 million direct care jobs over the next decade, including new jobs and positions that become available as existing...
People in the news, Jan. 21
By
Lois A. Bowers
Jan 21, 2020
Promotions and appointments at Acts Retirement-Life Communities, Birch Bay Retirement Village, Buckner Retirement Services, Capitol Seniors Housing, CareOne, Catholic Eldercare, Cogir Management USA, Erickson...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Provider groups debate whether industry-developed standards would put operators at risk
By
Lois A. Bowers
Jan 03, 2020
Would industry-initiated national standards hasten or delay the federal regulation of senior living? Would they encourage or prevent lawsuits against operators? Major associations representing senior living...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...