Appointments, promotions, departures and awards at Arbors of Hop Brook, Bishop Gadsden Episocpal Retirement Communities, Blake Management Group, Caledonia Senior Living & Memory Care, Carely, Christian...
Future looks bright for nonprofit senior living: Ziegler
By
Amy Novotney
Sep 28, 2020
Thanks to the nation’s shifting demographics and the ability of many nonprofit senior living operators to offer services across the continuum, the future of the sector looks bright, according to speakers...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
‘Beginning to crumble’: Providers face operational crisis in battling COVID-19
By
Kimberly Bonvissuto
Sep 17, 2020
A survey of long-term care providers in Pennsylvania provides a “sobering” look at how the pandemic is affecting operations and should be cause for “immediate alarm,” according to an association...
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Almost 40% of residential care aides live in low-income households: report
By
Kimberly Bonvissuto
Sep 09, 2020
Direct care workers, including residential care aides who work in assisted living communities, have been elevated to “hero” status during the COVID-19 public health crisis. New research, however, indicates...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...