Seniors housing operators see the physical, emotional and financial benefits of integrating music into the lives of residents
Operations
REITs, Lenders Put Support Behind NIC Initiative to Track Actual Rents, Leasing Activity
by Jeff Shaw
ANNAPOLIS, Md. — Some of the largest REITs and lenders in the seniors housing space have announced support for a new initiative to track actual rents in seniors housing communities, a project spearheaded by the National Investment Center for Seniors Housing & Care (NIC).
By Bradley Harris, CEO and founder, Bradley Harris & Associates The seniors housing industry has always faced challenges in both recruiting and retaining top talent, particularly among front-line staff such as caregivers, nurses, mid-management and similar roles. But now the labor market is tightening and — as the number of seniors requiring care continues to skyrocket —recruitment and retention has become a top concern in the industry.