Healthpeak continues exit from rental senior housing with $1B in asset sales
By
Kimberly Bonvissuto
May 06, 2021
Healthpeak Properties continued its exit from most senior living with the sale of $1 billion in assets in the first quarter, with an additional $400 million in deals under hard or soft contract.
Independent living trends signal potential move to pandemic recovery: New Senior
By
Kimberly Bonvissuto
May 06, 2021
As vaccines roll out to the broader population, older adults and their families are growing more comfortable about moving into senior housing, driving up leads, move-ins and occupancy, according to New...
Too early for ‘all-clear flag,’ but Welltower is ‘cautiously optimistic’ about senior living
By
Kimberly Bonvissuto
Apr 30, 2021
Although it is too early to “raise an all-clear flag,” Welltower CEO Shankh Mitra said Thursday that he is “cautiously optimistic” about the senior living business.
Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Senior living seeks some of $23 billion remaining in CARES Act funding to help cover COVID costs
By
Lois A. Bowers
Apr 05, 2021
Two senators estimate that approximately $23 billion remains in the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund and maintain that “a proportional allocation of funds...
Capital Senior Living move-ins at 2-year high, indicating rebound in demand, CEO says
By
Alicia Lasek
Apr 01, 2021
March move-ins across the company’s 60 communities are on track to be at their highest monthly level in two years, while overall occupancy rates remain near 75%.
States should fund senior living, relax visitation restrictions, association leaders tell governors
By
Lois A. Bowers
Mar 12, 2021
The National Governors Association should “strongly encourage” state governments to provide financial relief to senior living providers and caregivers for COVID-19-related expenses, Argentum President...
Invesque CEO ‘cautiously optimistic’ about senior living despite pandemic challenges
By
Kimberly Bonvissuto
Mar 12, 2021
2020 was a unique year in so many ways, challenging the senior living industry and companies operating within that sector.
Pandemic will forge an improved senior living product, leaders say
By
Kimberly Bonvissuto
Mar 04, 2021
COVID-19 has had a devastating effect on the senior living industry. But industry experts said Wednesday that they are optimistic it will emerge a better product on the other side.
Senator: Feds have ‘got to do a lot more’ for senior living industry
By
Kimberly Bonvissuto
Feb 23, 2021
“I’ll just be blunt with you — the federal government hasn’t done nearly enough to help the folks who work in those settings. We’ve got to do a lot more,” Sen. Bob Casey (D-PA) said Monday...