Green Cay Life Plan Village plans to incorporate smart technology throughout the campus of its not-yet-named continuing care retirement community in Boynton Beach, FL.
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
‘Clinic without walls’ for long-term care residents ‘one of many benefits’ of Good Samaritan–Sanford...
By
Kathleen Steele Gaivin
Jul 25, 2022
About a year after their affiliation was finalized, long-term care provider Evangelical Lutheran Good Samaritan Society and healthcare system Sanford Health in Sioux Falls, SD, launched a program meant...
Operators express waning optimism regarding operating margins: NIC
By
Kathleen Steele Gaivin
Jul 01, 2022
Rising operating expenses will limit the degree to which operating margins will grow in the next six months. This has contributed to waning optimism, according to the latest Executive Survey Insights report...
Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
Riverside, CA, first primary market to reach pre-pandemic stabilized occupancy level
By
Kathleen Steele Gaivin
Jun 21, 2022
Riverside, CA, is the first of the 31 primary markets that NIC MAP follows to reach its pre-pandemic stabilized occupancy level, according to the intra-quarterly snapshot released Thursday by the National...
Market segmentation means it’s ‘a very interesting time’ in senior living: NIC
By
Kathleen Steele Gaivin
Jun 09, 2022
The market segmentation occurring in senior housing right now — with differentiation by price and service offerings including middle-market properties, luxury senior living apartments and active adult...
Market research project gives operator ideas, college students experience
By
Kathleen Steele Gaivin
Jun 08, 2022
Nazareth, PA-based Morningstar Living recently received market research help and gave area college students experience at the same time.
Occupancy loss, recovery in SNFs varies by market: NIC analysis
By
Kathleen Steele Gaivin
Jun 07, 2022
Occupancy loss among freestanding skilled nursing facilities during the height of the pandemic mainly was a function of a demand contraction, which varied across the markets. That’s according to an analysis...