Amid short-term headwinds that are threatening occupancy rates and driving up expenses, monthly fees for independent living residents in not-for-profit communities have reached historic levels in 2022. Some not-for-profit operators are even contemplating more rate hikes in the midpoint of this year. That’s according to a report published by Chicago-based speciality investment bank Ziegler. The […]
The senior housing sector continues to rebound from the Covid-19 pandemic, and pent-up demand drove record senior living unit absorption in the second half of 2021. While the sustained recovery could brighten the outlook for the senior housing industry, headwinds including an inflationary environment, the possibility of new Covid variants, ongoing labor shortages and lingering […]
Coming out of the Covid-19 pandemic, senior living operators appear to be once again spending more on advertising to reach prospective residents in new ways. G5+Lease Labs, a digital marketing optimization firm and a division of software company RealPage, profiled large metropolitan markets to provide a deep dive on the current state of senior living […]
Even as senior housing providers increase rates due to rising expenses, operators have yet to face widespread pushback from residents, most of whom continue to believe that they are receiving a good value for the amount they are paying. That’s according to survey findings shared with Senior Housing News by Activated Insights, the organization that […]
The lending environment within the senior housing sector became more competitive, with borrowing activity increasing in 2021. Banks returned to the market during the second half of 2021 in particular, according to lender survey results released Friday by Chicago-based speciality investment bank Ziegler. One respondent noted $700 million 2021 volume, compared to $600 million in […]
The average cost of professional liability claims in the assisted living setting ($267,174) continues to exceed that of skilled nursing facilities ($245,559). And while fall-related allegation claims continue to account for the majority of cases against assisted living operators, the severity of pressure injury claims has risen sharply since 2018 within assisted living, according to […]
Senior housing and care deals accounted for the highest transaction volume of any health care sector last year. Of the 1,094 health care transactions tracked in 2021, 403 mergers and acquisitions (36.8%) involved long-term care, according to a recent CliftonLarsonAllen report that cited Irving Levin Associates data. Independent living/active adult, assisted living and memory care, […]