Low wages, burnout, lack of respect spur staffing shortages, CNAs say
By
Kathleen Steele Gaivin
Mar 08, 2022
Certified nursing assistants predominantly blame low wages, burnout and lack of respect for the current staffing shortage, according to the results of a new survey from the National Association of Health...
‘Deep dive’ into staff competencies, daily operations led to facility turnaround, provider says
By
Kathleen Steele Gaivin
Dec 06, 2021
Two years after assuming management of The Willows at Springhurst, formerly named Springhurst Pines Senior Living, Kentucky-based Trilogy Health Services says it has turned a deficiency-riddled campus...
RMR Group relays progress toward ESG goals
By
Kathleen Steele Gaivin
Apr 23, 2024
The RMR Group of Newton, MA, which provides management services for senior living operator AlerisLife and real estate investment trust Diversified Healthcare Trust, made progress last year toward reaching...
OPI closes $30.7 million mortgage loan for Diversified Healthcare Trust merger
By
Kathleen Steele Gaivin
May 30, 2023
Newton, MA-based Office Properties Income Trust has begun implementing its financing strategy for its merger with Diversified Healthcare Trust, the real estate investment trust announced Friday. OPI has...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Welltower invests $850 million in third quarter
By
Kathleen Steele Gaivin
Oct 05, 2022
Toledo, OH-based Welltower invested almost $850 million in the third quarter and has announced or completed the deployment of approximately $8.6 billion in capital since October 2020, the real estate investment...
Senior living occupancy on track for gain for 5th consecutive quarter
By
Kathleen Steele Gaivin
Sep 12, 2022
Senior living stabilized occupancy is on track for a gain for the fifth consecutive quarter, according to the National Investment Center for Seniors Housing & Care intra-quarterly snapshot released last...
Senior living and care pricing could decrease due to cap rates, operating expenses: survey
By
Kathleen Steele Gaivin
Mar 08, 2023
If not offset by record-setting rental rate growth, expected capitalization rate expansion and rising operating expenses could lead to a decrease in senior living and care pricing this year. That’s according...
Lifespace Communities aims to get, keep employees with double-digit percentage wage increases
By
Kathleen Steele Gaivin
Dec 02, 2021
With an eye toward recruitment and retention, and maybe even luring some previous employees back, Dallas and West Des Moines, IA-based Lifespace Communities is investing $17 million into wage increases,...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.