HUD more than doubles allocation for affordable housing to almost $700M through Housing Trust Fund
By
Kimberly Bonvissuto
Apr 07, 2021
The federal government is more than doubling its funding for “deeply affordable housing” in announcing an almost $700 million allocation for the national Housing Trust Fund.
Long-term care lenders say COVID-19 continues to affect terms, requirements
By
Amy Novotney
Apr 07, 2021
As senior living and skilled nursing residents complete their COVID-19 vaccinations and case counts continue to decrease within the setting, some banks may be getting ready to re-enter the long-term care...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Barking up the wrong tree
By
Lois A. Bowers
Apr 05, 2021
It appears that the senior living industry remains misunderstood, if reports of a famous rock musician and his wife are accurate.
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...
Regional Health generates positive free cash flow from continuing operations, despite COVID-19 headwinds
By
Amy Novotney
Apr 05, 2021
Despite some headwinds from COVID-19, executives at Regional Health Properties feel hopeful about the nation’s vaccine efforts and occupancy recovery in the second half of the year, according to the...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
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%.
More investors allocating capital to alternative real estate assets such as senior living: JLL
By
Amy Novotney
Mar 31, 2021
Last year, amid the turbulence of the overall U.S. commercial real estate industry and increasing volume declines, many investors increased their activity in some alternative property sectors, including...