Senior living will adapt to COVID-19 by doing away with buffets and using design that encourages social distancing. But what about the proverbial elephant in the room?
Healthpeak, Ventas receive nearly all of April and May rent from seniors housing operators
By
Amy Novotney
Jun 04, 2020
Chicago-based Ventas received substantially all April and May rents from its triple-net senior housing tenants, according to an investor presentation given by the real estate investment trust this week...
Senior living outlook remains positive as industry adapts to challenges from COVID-19: report
By
Kimberly Bonvissuto
Jun 03, 2020
The long-term outlook remains positive for the senior living industry, which is adapting to change brought on by the COVID-19 pandemic, according to a new report.
Welltower sells $1.3B in seniors housing and outpatient medical assets; sees occupancy decline pace slowing
By
Amy Novotney
Jun 03, 2020
Toledo, OH-based Welltower closed on the sale of a $300 million portfolio of six seniors housing assets in May, according to a business update released by the real estate investment trust late Monday.
COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National...
Pennsylvania approves regional approach, $295 million in aid to combat COVID-19 in long-term care
By
Kimberly Bonvissuto
Jun 01, 2020
Pennsylvania Gov. Tom Wolf on Friday signed into law a bill establishing a regional approach to combating COVID-19 in senior living and care communities, along with nearly $300 million in funding to assist...
Pace of move-ins appears to be improving: NIC
By
Amy Novotney
Jun 01, 2020
A growing number of operators across all care segments now are reporting an increase in move-ins, according to data from the most recent Executive Survey results from the National Investment Center for...
Impact of COVID-19 on senior living could be $50 billion, Argentum CEO says
By
Kimberly Bonvissuto
May 29, 2020
The impact of COVID-19 on the senior living industry could be $40 billion to $50 billion over the next year, Argentum President and CEO James Balda said Wednesday in a Yahoo Finance interview.
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
30 percent of senior living members still report PPE challenges, Argentum, ASHA say
By
Lois A. Bowers
May 26, 2020
Almost one-third (30%) of senior living companies that are members of Argentum or the American Seniors Housing Association still face challenges in securing adequate personal protective equipment in the...