American Healthcare REIT ‘bullish’ on long-term care prospects, exec says
By
Kathleen Steele Gaivin
Mar 25, 2024
American Healthcare REIT is “bullish” on the prospects for senior living and skilled nursing over the next several years, President and CEO Danny Prosky said on Friday’s earnings call with...
Exclusive: NIC chief economist shares 6 ways COVID-19 could affect senior living
By
Lois A. Bowers
Mar 27, 2020
The coronavirus situation is changing rapidly, but National Investment Center for Seniors Housing and Care Chief Economist Beth Burnham Mace recently spent some quality social distancing time on the telephone...
Welltower planning more urban senior living communities, CEO says
By
Lois A. Bowers
Oct 31, 2018
Welltower has “a number of plans” to bring “next-generation” senior living communities to densely populated metropolitan areas with aging populations, CEO Tom DeRosa said Tuesday during the real...
Justice Department sues village for stalling on affordable housing project
By
Lois A. Bowers
Nov 28, 2016
An affordable housing project that could be home to older adults, senior living workers and others in the future has been impeded by an Illinois village in response to race-based opposition in the community,...
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Streamlined wage determination process could help address workforce crisis
By
Kimberly Bonvissuto
Apr 08, 2022
A more streamlined wage determination process for nurses will help the long-term care industry address a historic workforce crisis, according to industry experts.
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Holiday Retirement names new CEO
By
Lois A. Bowers
Jan 05, 2016
Lilly Donohue becomes CEO of Holiday Retirement as Kai Hsiao transitions to the position of vice chairman to focus on personal health matters, according to the company.