CHICAGO — Ventas Inc. (NYSE: VTR), a Chicago-based REIT and one of the largest owners of seniors housing in the United States, has adjusted its corporate cost structure in response to the COVID-19 pandemic’s impact on the company. In mid-June,
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COLUMBUS, Ohio — Ohio Gov. Mike DeWine has formed several Congregate Care Unified Response Teams, with the goal of testing residents and staff members at skilled nursing facilities in the state. “Nursing facilities have been aggressive regarding testing and managing
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WASHINGTON, D.C. — Testing all residents and staff and skilled nursing facilities nationwide just once would cost $440 million, according to data compiled by the American Health Care Association (AHCA), based in Washington, D.C. The organization notes that at that
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As the COVID-19 outbreak continues to take a bite out of seniors housing occupancy, communities should put the pedal down on lead generation in order to survive, according to seniors housing marketing firm The Roche Associates. “There could be an
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Resident safety correctly took priority, but now occupancy concerns loom. By Sharon Brooks As the coronavirus pandemic reached the tipping point on the public’s radar, senior living was 100 percent focused on resident safety. Marketing questions loomed but weren’t high
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ANNAPOLIS, Md. — Seniors housing occupancy experienced a 110-basis-point decrease to 88.7 percent in the month of, while nursing care facility occupancy was down 220 basis points to 84.7 percent, according to the National Investment Center for Seniors Housing &
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DALLAS — A vast majority of residents in seniors housing communities — 96 percent of them — approve of the current visitation restrictions and social distancing rules to combat the COVID-19 pandemic, according to a survey by Dallas-based operator Buckner
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WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced plans to make advertising buys in several high-profile newspapers as part of the organization’s plan to protect the seniors housing industry’s reputation during the COVID-19 outbreak. Outlets to receive
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BALTIMORE — Capital Funding Group (CFG) and CFG Bank are reinvesting some of the funds earned from facilitating Paycheck Protection Program (PPP) loans to provide meals to frontline healthcare workers at skilled nursing and assisted living facilities in Maryland. Rise
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NEW YORK CITY and MURFREESBORO, Tenn. — Two of the larger REITs in seniors housing, New York-based New Senior Investment Group and Murfreesboro-based National Health Investors, released first-quarter reports showing continued profitability despite the ongoing struggles due to the COVID-19
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