Occupancy recovery continues, but rising operating expenses remain a concern: NIC
By
Kathleen Steele Gaivin
Mar 11, 2022
Rising operating expenses may limit the degree to which operating margins will grow in the next six months, according to the latest Executive Survey Insights report, released Thursday by the National Investment...
SNFs to pay $10K more per day to comply with CMS guidance
By
Danielle Brown
Apr 07, 2020
Nursing homes could be forced to spend an additional $10,000 per day on equipment in order to meet the latest federal requirements during the COVID-19 response, according to experts.
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.
Mather prepares to enter third state armed with $300 million construction loan
By
Kathleen Steele Gaivin
Oct 15, 2021
Senior living provider Mather has secured $300 million in construction financing to build The Mather, a life plan community, in Tysons, VA.
Senior living operators now often dedicating entire roles to strategy, business development: Ziegler
By
Amy Novotney
Feb 22, 2021
Over the past several years, several senior living operators have chosen to dedicate an entire employment role to strategy and business development, according to a new survey by specialty investment bank...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.
Hines looks to raise $1B for fund targeting senior living and other property types
By
Kathleen Steele Gaivin
Jan 13, 2022
Houston-based international real estate firm Hines announced Monday the launch of its flagship tactical fund series in the United States. The fund is looking to raise $1 billion in equity, with a purchasing...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
REITs look forward to stabilizing growing portfolios in coming decade
By
Kathleen Steele Gaivin
Jun 09, 2021
Occupancy rates likely have bottomed out, and growth opportunities are on the rise, according to presenters yesterday at Nareit’s REITweek Investor Conference.