‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Assisted living, independent living see ‘absorption in the green’ for first time in more than a year
By
Kathleen Steele Gaivin
Sep 13, 2021
The year-over-year change in occupied units for both assisted living and independent living was positive in August, at 1% and 0.4%, respectively, according to the intraquarterly report published last week...
Occupancy, move-ins increase; attracting staff remains major challenge: NIC survey
By
Kathleen Steele Gaivin
Jul 16, 2021
The senior living and care industry is slowly rebooting since the COVID-19 vaccine came online, according to results of the latest executive survey released Thursday by the National Investment Center for...
Minimum wage hikes have mixed results on workforce: poll
By
Kathleen Steele Gaivin
Jul 16, 2024
Increases in minimum wage also can be good for more highly paid workers, according to the results of an Express Employment Professionals-Harris Poll survey released Wednesday.
Number of nurse practitioners increases 9 percent since May
By
Kathleen Steele Gaivin
Apr 12, 2022
The number of licensed nurse practitioners has grown by 9% since May, according to data released Thursday from the Austin, TX-based American Association of Nurse Practitioners.
Operators welcome delays in enforcing New York’s nursing home staffing requirements
By
Kathleen Steele Gaivin
Mar 22, 2022
Some unions and advocates for older adults are concerned that minimum staffing requirements for nursing homes passed last May by New York state lawmakers have not taken effect.
Senior living experiences highest year-over-year growth in asking rates since 2017: NIC
By
Kathleen Steele Gaivin
Mar 02, 2022
The independent living, assisted living and memory care sectors of long-term care in the fourth quarter of 2021 all experienced the highest year-over-year growth in asking rates since NIC MAP began reporting...
Business briefs, Feb. 10
By
Kathleen Steele Gaivin
Feb 10, 2023
Senior living occupancy holds steady at 83%: NIC … Proposal would allow CNAs to train in assisted living communities … Village at Rockville, Adventist HealthCare prepare for virtual symposium on pain...
Lease-up pace slowly returning to normal: report
By
Kathleen Steele Gaivin
Feb 03, 2023
The pace of lease-ups and initial move-ins declined in the long-term care during the pandemic era, but the trend is at a pivot point, according to a new report from NIC MAP Vision.
Senior housing market is ‘tail wagging the dog,’ expert says
By
Kathleen Steele Gaivin
May 24, 2023
“For senior housing, I would characterize the market as the tail wagging the dog,” Aron Will, vice chairman of CBRE, said Tuesday during a National Investment Center for Seniors Housing & Care leadership...