Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Analysts tout larger units, more amenities and urban locations
By
Amy Novotney
Jul 20, 2020
To meet the anticipated demand from baby boomers, senior housing developers should focus on increasing the average unit size in their projects and adding a greater number of amenities. That’s according...
Kentucky SNFs expect to lose at least 11% of workforce due to vaccine mandate
By
Amy Novotney
Sep 07, 2021
Leaders from Kentucky’s long-term care industry implored state lawmakers Thursday to provide more support for its bruised and battered workforce.
Some assisted living operators passing COVID-19 costs on to residents
By
Amy Novotney
Jun 26, 2020
Senior living residents or their family members in at least eight states have filed complaints to their state attorney general or long-term care ombudsman about unfair billing practices related to the...
A focus on staff helped several MI nursing homes limit the spread of COVID-19: study
By
Amy Novotney
Oct 20, 2020
Making changes to where and how staff work and increasing pay appear to help reduce the spread of COVID-19 in long-term care. That’s according to a study published this month of approximately 215 residents...
Shipping containers show promise as affordable senior living solution
By
Amy Novotney
Mar 30, 2021
Modified shipping containers may be part of the wave of the future when it comes to middle-market and affordable senior living, according to a webinar discussion earlier this month among gerontology students...
Nebraska senior living communities developing dining room innovations to serve residents amid pandemic
By
Amy Novotney
Sep 10, 2020
Like nearly every senior living community, as the COVID-19 pandemic began in March, Nebraska-based Legacy Retirement Communities quickly went from offering its 680 senior living residents a restaurant...
Senior living community fined for not paying overtime to salaried employee
By
Amy Novotney
Jun 13, 2022
A senior living community serving more than 900 residents will pay almost $7,000 in back wages after denying a salaried worker overtime wages, the Department of Labor’s Wage and Hour Division announced...
DOL will soon announce new workplace rules in light of COVID
By
Amy Novotney
Apr 28, 2021
After weeks of delay, the Labor Department has sent a draft of emergency workplace safety rules aimed at preventing the spread of COVID-19 to the Office of Management and Budget. The standards had been...
Eden, Green House founder unveils Kallimos Communities as multi-generational model for seniors
By
Amy Novotney
May 07, 2021
After an unprecedented year of challenges for residents and staff members in skilled nursing facilities and assisted living communities, senior living and care expert William Thomas, M.D. — better known...