NIC Formally Defines Active Adult, Starts Data Initiatives

ANNAPOLIS, Md. ­— The National Investment Center for Seniors Housing & Care (NIC), an Annapolis-based nonprofit firm that tracks industry data, has unveiled its first industry-wide definition of the active adult sub-segment with the intent of better guidance for investors.…

Higher Capital Costs are Latest Jolt to Seniors Housing Sector

As if seniors housing developers and operators did not have enough difficulties rebounding from the pandemic, what with constrained occupancy, elevated expenses and staffing shortages plaguing the sector, they are now navigating an environment where the rising cost of capital…

 

Unitranche Loans Offer Competition with Debt Funds

Unitranche loan programs blend senior and junior debt pricing and terms into a single, first lien debt facility — a single financing that replaces the multitranche debt approach. The unitranche arrangement provides the benefits of a fully levered mezzanine debt…

Outsourced HR Meets the Challenges of Senior Living Staffing

Due to the nature of their clientele, senior living operators continually need to market their services to attract prospective new residents. But it’s not just new residents that they need to attract: it’s new employees as well. For the reality…

U.S. News Introduces Inaugural Edition of Best Senior Living Awards

WASHINGTON, D.C. — U.S. News & World Report has published the inaugural edition of Best Senior Living, which expands the U.S. News rankings, ratings and data offerings. The new designations include Best Independent Living, Best Assisted Living, Best Memory Care…

How to Streamline Senior Living Community HR Processes

Cut Costs, Save Time and Recruit and Retain Good Workers The growth of the aging population is creating more demand for senior living options. But growing demand is colliding with a labor shortage, adding to the workload and strain on…