‘Massive’ relief bill sends funding to state’s senior living and care providers
By
Kimberly Bonvissuto
Dec 16, 2022
Several “long-awaited” aging and health policy proposals passed the Ohio Legislature Thursday as part of a “massive” $6 billion relief bill that includes $40 million for assisted living providers...
Improving indoor air quality is new focus of national COVID-19 mitigation strategy
By
Kimberly Bonvissuto
Dec 07, 2022
Improving indoor air quality is one of the best ways to reduce the large toll that respiratory viruses are taking on older adults and other vulnerable populations. But current regulations are “simply...
Move-ins rebound thanks to senior living’s ‘adaptability’ to pandemic challenges: data expert
By
Kimberly Bonvissuto
Nov 16, 2022
The pace of senior living move-ins today exceeds pre-pandemic levels due to what data experts are calling a “testament to the adaptability” of communities to implement infection control measures and...
Invesque continues paring portfolio to private-pay senior living
By
Kimberly Bonvissuto
Nov 10, 2022
With the sale of 23 non-core properties to date in 2022, Invesque has continued executing on its strategy to simplify its portfolio and move to predominantly private-pay senior housing.
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
Healthpeak remains ‘open minded’ to potential opportunities to sell CCRC portfolio
By
Kimberly Bonvissuto
Nov 03, 2022
Healthpeak Properties President and CEO Scott Brinker said the real estate investment trust’s continuing care retirement community portfolio isn’t on the market — yet — but that a potential sale...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Feds make $175 million available for affordable senior housing
By
Kimberly Bonvissuto
Sep 23, 2022
Up to $174.6 million in federal grant funding was announced Wednesday to support the development of new rental affordable senior housing.