TAYLORSVILLE, Utah — D.A. Davidson’s Special District Group, in partnership with Petros PACE Finance, has arranged $160 million in Commercial Property Assessed Clean Energy (C-PACE) financing for Summit Vista, Utah’s first life plan retirement community. Representing the largest C-PACE deal…
DALLAS — Investors are drawn to the fledgling active adult segment for several reasons, according to Caroline Clapp, senior principal, research and analytics, for the National Investment Center for Seniors Housing & Care (NIC). For starters, it’s a new property…
NEW ORLEANS — Although the proposed Safeguarding Elderly Needs for Infrastructure and Occupational Resources (SENIOR) Act never was passed by the federal government in 2022, the fight isn’t over. The goal of that act is to establish a $100 billion…
WASHINGTON, D.C. — Americans are becoming increasingly less confident that they will have enough money to live comfortably throughout their retirement years, according to the 33rd annual Retirement Confidence Survey conducted by The Employee Benefit Research Institute (EBRI) and Greenwald…
While overall private-pay seniors housing occupancy has now increased for seven straight quarters, according to the National Investment Center for Seniors Housing & Care (NIC), many operators are starting to see that growth slow to a crawl — still well…
The April 19 webinar “Seniors Housing & CRM: Can You Predict the Future?” is all about data — how best to use it to drive strategy and decisions, especially in the near future. Join sponsor WelcomeHome Software and a panel of…
State-of-the-art software tools can improve operational efficiency, enhance resident outcomes and boost the bottom line. What can you utilize that has a positive impact on both residents and business results? Data and analytics. With real-time information on performance, senior care…
ANNAPOLIS, Md. — The private-pay seniors housing occupancy rate increased 30 basis points from 82.9 percent in the fourth quarter of 2022 to 83.2 percent in the first quarter of 2023, according to data from NIC MAP Vision released by…
It’s an open question whether the Federal Reserve will raise the federal funds rate for a ninth consecutive time when it convenes March 21-22 following the collapse of Silicon Valley Bank and Signature Bank and the downgrade of the U.S.…
SAN DIEGO — The one-two punch of the COVID-19 pandemic followed by a period of high inflation and soaring interest rates has had a negative impact on the performance of seniors housing, but the effects vary by subsector. The need…
ITHACA, N.Y. — To celebrate its first symposium since 2016, Cornell’s Institute for Healthy Futures is convening industry leaders and academics from across health, hospitality and design to collaborate on ways these combined disciplines can improve quality of life. Held…
SAN DIEGO — After eight consecutive interest rate hikes by the Federal Reserve since March 2022, borrowers and lenders are wondering when the central bank will reverse its tight monetary policy stance. Don’t hold your breath. “There had been an…
LOS ANGELES — Participants in the “Best-in-Class Operators” panel at France Media’s InterFace Seniors Housing West conference, held Feb. 2 at the Omni Los Angeles, had one task, albeit a large one: provide the blueprint for operational success in a…
LOS ANGELES — The advice offered by the Development Outlook panel at InterFace Conference Group’s Seniors Housing West, held Feb. 2 at the Omni Los Angeles, mirrors the advice many would give to their senior residents. Namely, “stay active and…
LOS ANGELES — Seniors housing has been an ever-changing industry since the COVID-19 pandemic began in 2020. “I look back a few years ago and we were seeing curveballs coming at us I never thought we would be pitched,” said…
PHILADELPHIA — New construction of seniors housing communities has been noticeably slow in recent years, at first due to the COVID-19 pandemic stopping projects in their tracks, and then by high interest rates and land costs. Fewer than 11,000 units…
CHICAGO — Despite pricing uncertainties limiting capital markets activity, interest in seniors housing remains strong as investors seek higher yields from alternative asset classes, according to JLL’s Valuation Advisory group’s sixth annual Seniors Housing Investor Survey and Outlook. Of the…
PHILADELPHIA — As the dust settles from the COVID-19 pandemic, and complications such as inflation and higher interest rates continue to hurt the economy, now is the time for seniors housing owners and operators to focus on their fundamentals. “We…
PHILADELPHIA — It is common to hear operators proudly profess that it’s their culture that allows them to be top employers in the seniors housing industry, helping to face the massive labor shortage within the sector. However, “culture” can be…
ANNAPOLIS, Md. — The national occupancy rate for private-pay seniors housing increased 90 basis points from 82.1 percent in the third quarter of 2022 to 83 percent in the fourth quarter of 2022, according to data from NIC MAP Vision.…
It has undoubtedly been a very difficult time for seniors housing owners, operators and investors. The COVID-19 pandemic led to widespread shutdowns that forced communities to turn away visitors and prospective new residents for months, which in turn caused occupancy…
ANNAPOLIS, Md. — Twenty-four percent of U.S. adults age 50 and above say they or a loved one needed long-term care in the past year, according to a national survey commissioned by Nexus Insights, an Annapolis-based think tank focused on…
Ask senior living CEOs and operators to name their top issue and the answer is the same as it’s been for the last two years: the workforce. Despite a slight easing in the overall employment environment, along with some high-profile…
Macroeconomic conditions are slowing the pace of seniors housing transactions and squeezing the availability of capital. Inflation and rising interest rates are making deals more expensive to finance. Debt providers are tightening their underwriting terms, while equity investors sit on…
The seniors housing market has had its fair share of well-documented struggles, including plunging occupancies during COVID-19 and continuing labor challenges. Like the rest of the commercial real estate market, the sector is now confronting higher interest rates and recession.…
How about this: It’s never been an easy ride for the seniors housing industry, even in the good times, but the last few years have been particularly turbulent. “Our industry has been through a real roller coaster the past couple…
As shovel-ready projects get put on hold, seniors housing developers are looking 24 months ahead hoping that by then the economic outlook will have improved. For now, they worry about a possible recession and rising costs for everything from debt…