Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...
Senior housing occupancy falls 1.1 percent in April, and May could see ‘pretty significant impact,’...
By
Lois A. Bowers
May 20, 2020
Occupancy in senior housing fell 1.1% to 88.7% in April, according to data released Tuesday by the National Investment Center for Seniors Housing & Care. The rate was 1% lower than the prior year, NIC...
Scenario planning is a powerful financial tool for senior living operators: Mace
By
Amy Novotney
May 19, 2020
The end of the coronavirus continues to be difficult to predict, but in the meantime, operators, investors and lenders can take contingency planning steps to address the myriad paths that may unfold, advises...
4 ways to help residents prevent blood clots during the pandemic
By
Mary Cushman, M.D., MSC
May 18, 2020
A few simple steps and exercises not only can keep residents moving but also will help them avoid potentially life-threatening health conditions that can arise from a more sedentary lifestyle, a risk during...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Long-term care struggles for COVID-19 resources speak to deeper societal issue, leaders say
By
Lois A. Bowers
May 15, 2020
Assisted living communities’ and nursing homes’ difficulty in securing personal protective equipment and testing to prevent or contain the spread of COVID-19, despite the fact that older adults are...
Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
By
Kimberly Bonvissuto
May 15, 2020
When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.
Occupancy trends mixed across long-term care settings: NIC survey
By
Amy Novotney
May 15, 2020
One in five operators saw an uptick in skilled care occupancy levels last week, according to responses provided by owners and executives at 100 seniors housing and skilled nursing operators nationwide....
Assisted living could be target for COVID-19-related criminal investigations, attorney general says
By
Kimberly Bonvissuto
May 14, 2020
Although skilled nursing facilities are the target of newly announced criminal neglect investigations in Pennsylvania amid COVID-19 outbreaks, the state attorney general’s office said those investigations...
Coronavirus forcing investors to realize seniors housing is not just a real estate play
By
Amy Novotney
May 14, 2020
After years spent viewing seniors housing as a potential cash cow given the graying of the baby boomer generation, the coronavirus pandemic is forcing investors in the sector to recognize that they are...