Charles Turner: Labor is Largest Crisis Facing Seniors Housing

LOS ANGELES — There is a deficit in seniors housing and it has nothing to do with occupancy rates, investment dollars or development opportunities. It’s the labor shortage, according to Charles Turner, a longtime industry veteran and current CEO of Kare, an

FHFA Addresses Seniors Housing Liquidity Concerns

The Federal Housing Finance Administration’s (FHFA) recent decision to maintain healthy multifamily purchase volumes for Fannie Mae and Freddie Mac calmed market uncertainties over capital availability for the remainder of 2019 and 2020, which had increased loan spreads by 30

NIC: Occupancy Ticks Upward to 88 Percent as Construction Slows

ANNAPOLIS, Md. — Seniors housing occupancy increased to 88 percent in the third quarter of 2019 from its lowest level in eight years (87.7 percent) recorded during the previous quarter, according to data from the National Investment Center for Seniors

Skilled Nursing Occupancy Holds Steady in Q2, Says NIC

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

Janet Yellen: Trade War Could Trip Up a U.S. Economy on Solid Footing

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

Memory Care is Down But Not Out, Say Investors

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.

No Turning Back to the ‘Old Ways’

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

Operators Need Local Know-How

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

Five Impactful Digital Trends

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

The SHB Interview: Kim Lody, CEO, Capital Senior Living

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

Too Many Seniors Are Priced Out of Seniors Housing

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