More than 40% of companies in the S&P 500 have pulled their guidance due to the coronavirus pandemic … Ziegler completes two fixed-rate deals for nonprofit senior living providers … National Church...
Financial pressures, leadership burnout will drive ongoing industry consolidation, Ziegler says
By
Amy Novotney
Dec 21, 2020
The growing complexity of the senior living sector, particularly around healthcare and COVID-19-related activities and their expense, has put more organized, stronger senior living providers in a better...
Ziegler: Check out these relief options for seniors housing operators who don’t qualify for SBA help
By
Amy Novotney
Apr 10, 2020
Since President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act on March 27, much of the focus has been on the Paycheck Protection Program and securing funds for small businesses...
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Business briefs for Friday, April 24
Apr 24, 2020
Genesis Healthcare not in compliance with NYSE continued listing standard … Ziegler: Telehealth could be a critical business tool in the COVID-19 crisis … Total annual cost of Social Security program...
Ziegler survey: Most senior living operators offering flexible work schedules, extra staff pay during...
By
Amy Novotney
Apr 17, 2020
More than 80% senior living providers are allowing staff members to work from home when possible, according to a Ziegler survey of almost 225 senior living financial leaders. In addition, nearly half of...
Number of operators investing in video conferencing capabilities for residents has quadrupled since 2018:...
By
Amy Novotney
Feb 10, 2021
Three-fourths of senior living and care providers invested in video conferencing capabilities for residents last year, quadrupling the number of providers who did so just two years earlier, according to...
Business briefs for Monday, Nov. 2
Nov 02, 2020
Fed lowers minimum loan amount to $100,000 for Main Street Lending Program … Most cities ill-equipped to meet the needs of older residents: report … Ziegler closes $125M in financing for CCRC owner...
Expect more M&A activity, competition from for-profit operators in months ahead: Ziegler
By
Amy Novotney
Apr 22, 2021
The COVID-19 pandemic led to a significant variation of impact across senior living and care providers, but across the nation, the sector can expect to see an escalation of mergers, affiliations, acquisitions...
Ziegler: At least 84 senior living operators applied for a combined $195M in PPP’s first round
By
Amy Novotney
May 04, 2020
Many senior living operators overwhelmed by the financial fallout of the coronavirus pandemic have been taking advantage of the federal government’s Paycheck Protection Program, according to data compiled...