Welltower’s senior housing occupancy drops to 75.3%
By
Amy Novotney
Jan 20, 2021
Welltower’s total senior housing operating portfolio occupancy declined approximately 220 basis points during the fourth quarter, falling from 78.4% to 76.2%, according to a business update released...
$1.9 trillion stimulus plan may not go far enough for senior living, leaders say
By
Kimberly Bonvissuto
Jan 19, 2021
President-elect Joe Biden’s $1.9 trillion coronavirus rescue plan, unveiled Thursday evening, includes an initiative to “protect vulnerable populations in congregate settings,” but it may not go...
Senior housing and care acquisition numbers reach record high in fourth quarter
By
Amy Novotney
Jan 15, 2021
Despite a surge in COVID-19 cases nationwide, the number of publicly announced senior housing and care acquisitions in the fourth quarter of last year rose to a record high, with 120 deals announced, according...
Even amid COVID surge, many seniors housing operators not increasing move-in restrictions: NIC
By
Amy Novotney
Jan 15, 2021
Despite reports of record-high COVID-19 cases across the country occurring daily, roughly two-thirds of long-term care organizations report that they have not increased move-in restrictions. That’s according...
Sniffing out COVID: Service dogs take on new role in Georgia assisted living communities
By
Kimberly Bonvissuto
Jan 14, 2021
A Georgia-based senior living operator is partnering with a nonprofit service dog trainer to staff its metro Atlanta-based assisted living communities with COVID-sniffing canines.
Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
Changes open COVID vaccination to independent living, affordable senior housing residents
By
Lois A. Bowers
Jan 13, 2021
In a move that should open COVID-19 vaccination to independent living and affordable senior housing residents across the country, officials with the federal vaccine development, manufacturing and distribution...
Job quality of direct care workforce fails to reflect their value: report
By
Kimberly Bonvissuto
Jan 13, 2021
Direct care workers remain undervalued and underused in the long-term care sector, according to a new report that provides recommendations on moving the sector forward.
Aegis, Blue Moon launch second joint venture to acquire 10-community, $350M senior living portfolio from...
By
Amy Novotney
Jan 13, 2021
Aegis Living and senior housing private equity investor Blue Moon Capital Partners entered a second joint venture Tuesday with the acquisition of 10 communities across California, Washington and Nevada...
Senior living occupancy continued to slip in December: NIC
By
Amy Novotney
Jan 13, 2021
The occupancy rate within majority assisted living properties declined again in December, falling to 77.7%, according to the latest intra-quarterly snapshot released Tuesday by the National Investment...