Assisted living policy needs a reset to benefit residents, long-term care system
By
Kimberly Bonvissuto
Jul 24, 2024
Long-term care policy needs a reset, particularly in assisted living, according to one expert from a consumer advocacy group.
Report: Seniors housing attractive investment but still faces challenges
By
Lois A. Bowers
Apr 13, 2016
Over the long term, seniors housing will remain an attractive investment, although providers will face challenges, according to a new report.
Senior living asking rates hit near-record highs year over year: NIC
By
Kathleen Steele Gaivin
May 30, 2023
Growth for asking rates for independent living, assisted living and memory care each hit “near record highs” in the first quarter, National Investment Center for Seniors Housing & Care Chief Economist...
Report: Pricing, sales activity declines could come in 2016
By
Lois A. Bowers
Jan 12, 2016
Concerns related to overbuilding could lead to declines in pricing and sales activity in some senior housing markets in 2016, predicts Integra Realty Resources.
Wages increase 5 to 6 percent for assisted living direct care workers
By
Kathleen Steele Gaivin
Jan 26, 2024
Average wages for assisted living direct care workers — certified nursing assistants, registered nurses, licensed practical nurse, medication aides and resident assistants — have increased by 5% to...
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
Sign-on bonuses popular for recruitment. Benefits changes, merit pay? Not so much
By
Kimberly Bonvissuto
Jan 24, 2022
Sign-on bonuses have proved popular among assisted living operators in attracting new employees during the pandemic, but changes to benefits eligibility and merit increases have not been, according to...
Assisted living community settles wrongful death lawsuit after arguing immunity due to COVID
By
Kimberly Bonvissuto
May 10, 2022
A wrongful death lawsuit against a Wilmington, NC, assisted living community over the alleged beating death of one resident by another has been settled out of court, according to a media report.
Assisted living costs stabilize while home care costs ‘skyrocket,’ survey finds
By
Lois A. Bowers
Oct 17, 2019
Charges for assisted living and skilled nursing have stabilized over the past year, whereas charges for home care rose the most quickly among categories measured by Genworth’s 2019 Cost of Care Survey,...
55% expect no change in value of seniors housing this year
By
Lois A. Bowers
Mar 22, 2018
Almost 55% of respondents to a survey by professional services firm JLL said they believe that no change will occur in the value of seniors housing over the next year.