Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
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...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Paying direct care workers a living wage would reduce turnover, increase productivity by at least $5.5B:...
By
Amy Novotney
Sep 09, 2020
Raising the pay of workers in residential care settings to the living wage in their respective states would lead to several economic benefits for workers, employers and the economy overall, according to...
Lenders still bullish on senior housing; expect 2022 to be more borrower-friendly
By
Amy Novotney
Feb 11, 2021
The senior housing financing markets have evolved over the course of the pandemic — as lenders and owners both adapted in real-time — to unprecedented asset level revenue declines exacerbated by operating...
Nursing home and assisted living move-ins increasing: NIC survey
By
Amy Novotney
Oct 19, 2020
Assisted living and skilled nursing facilities are reporting an increase in the pace of move-ins over the past 30 days, according to data collected from the most recent Executive Survey conducted by the...
Pandemic may cause increase in need for LTC for people living with dementia
By
Amy Novotney
Sep 02, 2021
The ongoing COVID-19 pandemic could cause a significant rise in the number of people living with dementia, according to a group representing more than 100 Alzheimer’s and dementia associations globally....
Senior housing facing increasing wage pressures and resorting to more rent concessions: NIC
By
Amy Novotney
Oct 30, 2020
Higher staff wages for some senior housing operators likely are putting a strain on net operating income, according to data collected from the most recent Executive Survey conducted by the National Investment...
Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...