National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
More than half of senior living operators see move-in pace accelerate: NIC
By
Kimberly Bonvissuto
May 08, 2023
More than half of senior housing operators are reporting an increase in the pace of move-ins — the highest percentage since April 2022 but still below peak 2021 numbers, according to the National Investment...
‘It feels good’: Senior living recovery continues to gain traction as labor challenges improve: Sabra
By
Kimberly Bonvissuto
May 05, 2023
Sabra Health Care REIT is continuing to see traction in operational recovery as senior living operators that overcame labor and wage challenges over the past two years now focus on occupancy, CEO and Chairman...
Assisted living held up as solution to ‘loneliness epidemic’
By
Kimberly Bonvissuto
May 05, 2023
The senior living industry is holding the assisted living model up as a solution to strengthening social connections for older adults in the wake of the US Surgeon General’s advisory on the public health...
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
Operators push rental, care rates to recapture increased operating costs
By
Kimberly Bonvissuto
Apr 24, 2023
Although senior living rental rates have increased higher than expected, creativity in pushing care rates was an even bigger surprise as operators look for ways to recapture increased operating costs,...
Expenses top list of challenges for operators, NIC survey results indicate
By
Kimberly Bonvissuto
Apr 14, 2023
Expenses are gaining momentum as the biggest challenge facing independent living, assisted living and skilled nursing operators, according to responses to a new survey by the National Investment Center...
Senior living sees seventh quarter of occupancy gain as demand continues to outpace new supply
By
Kimberly Bonvissuto
Apr 07, 2023
Demand for senior living outpaced a continued slowdown in new supply in the first quarter, fueling an occupancy increase for the seventh consecutive quarter, according to new data from NIC MAP Vision released...
Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.