Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Skilled care M&A market now one of best on record: ESI
By
Amy Novotney
Nov 04, 2020
Although the skilled nursing industry — as much of the economy — appears to be in a constant state of flux given the ongoing COVID-19 pandemic and the election, one real estate brokerage firm says...
Defaulted hotel deals show potential for CCRC conversions: senior living experts
By
Amy Novotney
Jul 24, 2020
Amid the fallout from the pandemic, the seniors housing industry may find new development opportunities in defaulted hotel deals, according to panelists Thursday during an Urban Land Institute webinar.
Scenario planning is a powerful financial tool for senior living operators: Mace
By
Amy Novotney
May 19, 2020
The end of the coronavirus continues to be difficult to predict, but in the meantime, operators, investors and lenders can take contingency planning steps to address the myriad paths that may unfold, advises...
Pandemic could be even worse for older workers’ retirement than the Great Recession: economists
By
Amy Novotney
Jun 25, 2020
In a new analysis for CNN, two economists predict that the COVID-19 will have an even more profound effect on the retirement savings of older American workers’ than the Great Recession did more than...
Skilled nursing occupancy begins to stabilize: NIC
By
Amy Novotney
May 07, 2021
Occupancy at U.S. skilled nursing facilities increased to 71.2% in February, as reported by the latest monthly skilled nursing data released Thursday from the National Investment Center for Seniors Housing...
Senior living occupancy declines slowed in February as COVID-19 cases fell and vaccinations rose: NIC
By
Amy Novotney
Mar 18, 2021
The occupancy rate within majority independent living organizations fell just 0.2% last month. It was a new low of 82.5%, but the drop was the smallest month-over-month decline since March 2020, when the...
CCRCs see lower occupancy dips than non-CCRCs: NIC
By
Amy Novotney
Nov 12, 2020
Two quarters into the COVID-19 pandemic, occupancy within continuing care retirement communities has remained nearly 9 percentage points higher than occupancy within non-CCRCs. That’s according to data...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...