‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
Latest senior living stats reason to be ‘cautiously optimistic’ about comeback from pandemic
By
Lois A. Bowers
Oct 08, 2021
The latest NIC MAP quarterly data, released Thursday, provide reasons to be “cautiously optimistic” about the senior living industry’s comeback from the pandemic, National Investment Center for Seniors...
Assisted living average price per unit falls 30 percent during pandemic
By
Lois A. Bowers
Mar 01, 2021
The average price per unit in assisted living fell 30% from 2019 to 2020, driven by the sale of numerous “lower-quality” assisted living communities, according to newly released data.
‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
Assisted living ‘ignored’ in COVID-19 discussions, expert tells Senate Aging Committee
By
Lois A. Bowers
May 22, 2020
Although assisted living communities are home to residents who “are completely just as vulnerable” as nursing home residents to COVID-19, “we sort of tend to ignore them in these situations” because...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
‘Best workplaces’ lists shine spotlight on senior living successes
By
Lois A. Bowers
Aug 23, 2019
Senior living organizations’ successes in addressing the industry’s top challenge — recruiting and retaining employees — were the center of attention Thursday as Great Place to Work and Fortune...