Ventas, CareTrust REIT hope for COVID aid for senior living
By
Lois A. Bowers
Aug 10, 2020
Ventas and CareTrust REIT executives said Friday they are hopeful that senior living operators will receive assistance to battle the coronavirus in the next federal aid package.
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Long-term care groups, 490 others, call for enactment of COVID-related legal protections ‘as soon as...
By
Lois A. Bowers
Aug 10, 2020
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations...
Many Atlanta assisted living facilities face a financial crisis: paper
By
Amy Novotney
Aug 10, 2020
Although the impact of the pandemic on nursing homes has been widely publicized, many of Georgia’s assisted living communities — which often are private-pay — also have been experiencing significant...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
People in the news, Aug. 4
By
Kimberly Bonvissuto
Aug 04, 2020
Appointments and promotions at Atlas Senior Living, Cooper Trail Senior Living, Hudson Manor Assisted Living, Legacy Healthcare Services, Lenbrook, Ohio Living, PointClickCare, Princeton Health, Retirement...
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
Approximately 95% of Green House homes have reported zero cases COVID-19 among residents or staff: study
By
Amy Novotney
Aug 03, 2020
Much attention has been given of late to the properties or characteristics that have helped long-term care facilities stave off outbreaks of COVID-19. A new study led by University of North Carolina researcher...