Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Long-term care struggles to rebound to pre-pandemic staffing levels: analysis
By
Kathleen Steele Gaivin
Jan 23, 2023
Staffing in long-term care dropped drastically at the start of the pandemic and is unlikely to rebound to pre-pandemic levels until 2027. That’s according to a recent analysis of US Census data by the...
Diversified Healthcare Trust, AlerisLife and Omega Healthcare Investors held third-quarter earnings calls Thursday. Highlights appear below.
Nine out of 10 seniors concerned about senior living cost, care and quality: report
By
Kathleen Steele Gaivin
Aug 18, 2023
Ninety-one percent of older adults surveyed identified cost as a major concern in evaluating senior living care options, along with care and quality, according to a recent report from customer experience...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Seniorly announces 334 ‘best’ senior living communities
By
Kathleen Steele Gaivin
Mar 12, 2024
Senior living review service Seniorly has announced the 334 senior living communities recognized in its annual Best of Senior Living Awards program. The San Francisco-based online platform said it chose...
Lawmakers join unions, caregivers in call for nursing home staffing standards, $25 minimum wage
By
Kathleen Steele Gaivin
Apr 21, 2023
Reps. Lloyd Doggett (D- TX) and Jan Schakowsky (D-IL) stood alongside union leaders and nursing workers Thursday at a press conference calling for a $25 minimum wage, federal minimum staffing standards...
Maplewood Senior Living achieves 95 percent occupancy across senior housing portfolio
By
Kathleen Steele Gaivin
Dec 18, 2023
Maplewood Senior Living has reached a 95% average occupancy rate across its senior housing portfolio (independent living, assisted living and memory care), with multiple communities currently at 100% occupancy,...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Diversified Healthcare Trust reports dip in net operating income
By
Kathleen Steele Gaivin
Nov 30, 2023
Net operating income has decreased for Diversified Healthcare Trust, or DHC, the real estate investment trust reported Wednesday in its monthly update pertaining to its senior housing operating portfolio,...