ANNAPOLIS, Md. — Occupancy in U.S. skilled nursing facilities remained relatively stable at 83.3 percent in the second quarter of 2019, a decrease of 50 basis points from the first quarter but an increase of 50 basis points from a
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CHICAGO — Riding the strength of a strong labor market and robust consumer spending, the U.S. economy remains healthy, asserts former Federal Reserve Chair Janet Yellen. But she cautions that a weak business investment climate, fallout from President Donald Trump’s
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ATLANTA — Seniors housing investors are pumping the brakes on acquiring memory care facilities as the property type’s fundamentals and high turnover have proven to be worrisome.
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ATLANTA — Seniors housing operators and developers are facing pressure to adapt as a new category of lower-acuity housing rises in popularity. The new player in the seniors housing game — active adult — is undercutting independent living developers by
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CHICAGO — The seniors housing industry remains optimistic about acquisitions of existing properties and repositioning of older facilities, according to Capital One’s annual survey of seniors housing and long-term care executives.
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Industry must share the responsibility of creating new models that will serve all aging Americans.
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WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), in partnership with Seniors Housing Business, has released the 2019 edition of the ASHA 50, which ranks the 50 largest owners and operators in the U.S. seniors housing space.
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ATLANTA — For seniors housing operators, connecting to families is just as important as running a community, according to Josh Crisp, founder and president of Knoxville, Tenn.-based Solinity Senior Living.
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ATLANTA — Expect the U.S. economy to remain in an expansion mode through early 2020, effectively staving off the threat of recession, but look for the pace of growth to continue to slow.
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ANNAPOLIS, Md. — Middle-income seniors — those with too much money for government assistance, but not enough to afford luxury rents — may be the single biggest growth opportunity for the seniors housing industry over the coming years, according to
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ANNAPOLIS, Md. — The seniors housing occupancy rate in the United States decreased to 87.8 percent in the second quarter of 2019, from 87.9 percent a year ago. This represents the lowest occupancy level since the second quarter of 2011,
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LOS ANGELES — Appetite for seniors housing remains strong despite higher operating costs, with nearly two-thirds of investors planning to increase their buying over the next 12 months, according to the CBRE U.S. Seniors Housing & Care Investor Survey.
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CHICAGO — Operators in the senior living space universally agree that the executive director holds the single most important position at their communities and that the job is a daily grind. These frontline administrators are not only tasked with providing
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Coming out of the financial crisis, cash-out financing became a term that virtually no commercial real estate sponsor dared utter. Lenders and regulators took a dim view of the practice, which, as a product of lax underwriting standards that helped
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Operators increasingly adopt electronic health records to improve efficiencies and reduce costs, but it’s a tough transition. By Eric Taub New technologies that start out as frivolous extravagances often become necessities. In 1885, seven years after Thomas Edison filed his
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To win the competition for residents and talented staff, companies big and small need deep local roots. By Bendix Anderson In order for a seniors housing facility to succeed, the operator needs strong ties to the local area. “Local expertise
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From social media to mobile ads, how the smart use of technology can help owners/operators boost the bottom line. By Jane Adler It’s hard to keep up with digital marketing trends. Look no further than a recent episode of the
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Newly appointed executive says stabilizing portfolio’s occupancy is her No. 1 goal. By Matt Valley In January, Kimberly Lody succeeded Larry Cohen as CEO of Dallas-based Capital Senior Living Corp. (NYSE: CSU), one of the nation’s largest operators of seniors
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Development, design strategies can allow for high-quality senior living on a budget. By Russ Garber, Andrew Piletz and Nicole Boyer Ninety-year-old Lee Wachtstatter has been in the news many times over the last few years, as reporters have covered her
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Program development, site assessment among critical elements for project planning. By Frank R. Muraca, ARCH Consultants Site assessment and land due diligence are essential activities in the early stages of the development process. Just as a market demand study is
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What will the seniors housing resident of 2030 look like? Expect a more active, diverse senior By Brenda Bacon, President & CEO, Brandywine Living They will probably be more diverse, and likely to be listening to the Beach Boys and Marvin Gaye
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HJ Sims finance veteran tries to get ahead of a shifting financial landscape. By Jeff Shaw A wide variety of factors are affecting the landscape of seniors housing finance, and they come from both within and outside the industry. Factors
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After years of boom-or-bust transaction levels in seniors housing, trading has settled into a rhythm. By Jeff Shaw Although it’s easy to look at year-over-year transaction volume in seniors housing and say “acquisitions are down,” 2018 was more a return
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By welcoming the surrounding community, operators can offer a better amenity package at great value. By Lisa Stover, Presto Real Estate Services With the rapid increase in the number of senior housing communities opening nationwide, it is imperative to find
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It’s important to consider mistakes to avoid, as well as features to add, during development.
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Despite rising land, labor and materials costs, construction firms are finding ways to stay on budget while maintaining quality. By Lynn Peisner Commercial real estate developers and builders active in seniors housing face the same problems squeezing other property sectors.
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The preferred investment strategy in today’s tumultuous seniors housing industry can vary greatly by investor type. By Jeff Shaw It would be a gross oversimplification to say that trading is trending down in the seniors housing industry. While the dollar
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