Covid-19 Takes Steep Toll On Senior Living Providers in Pandemic Epicenters

Covid-19 presents enormous challenges for senior living providers across the country, but the pandemic is hitting operators in the current epicenters of New York and New Jersey particularly hard. As of the afternoon of April 20, total Covid-19 cases in New York state were approaching 243,000, while New Jersey’s cases were above 85,300. By comparison, […]

‘We’re Not Getting That Message Out At All’: Senior Living Missing Opportunity to Engage Interested Consumers

As the Covid-19 pandemic continues to disrupt all facets of the senior care industry, providers can take solace in knowing that consumers are still seeking out senior living, and most are still accepting new residents. However, this message — that many senior living communities are still welcoming new residents who may have pressing needs — […]

Anxiety, Fear, Loss: Covid-19 Drives Need For Behavioral Health Support in Senior Living

The Covid-19 pandemic has put overwhelming pressures on senior living providers — and some are offering additional psychological health services as a way to help residents, staff and family members cope in the meantime. While many senior living communities are well-equipped to deal with the physical care of their residents, they don’t always have the […]

More Middle-Market Demand, Less Greed In the System: How Covid-19 May Affect Senior Living Development

The Covid-19 pandemic is changing many aspects of the senior housing industry, including the prospects for new development. While the long-term ramifications are still unclear, there are early indications the pandemic will make banks more cautious about the sector and create new opportunities for middle-market projects, among other changes. That’s according to Ryan Haller, an […]

Covid-19 Tests Senior Living Providers’ Creativity In Resident Engagement

Many senior living activities programs ground to a halt when the Covid-19 pandemic forced residents to self-isolate in their rooms starting in March. But in the time since, providers across the country have come up with a range of ways to keep residents entertained and engaged — an effort that becomes increasingly important as the […]

ASHA, Argentum Chiefs: Frustration Mounts As Covid-19 Tests, Financial Support Slow to Arrive in Senior Living

About two weeks ago, American Seniors Housing Association (ASHA) President David Schless read a news article that has been “gnawing” at him ever since. The article reported that bus drivers in Detroit would be among the first groups given rapid Covid-19 tests from Abbott Labs. “We need those. Our industry needs access to that,” Schless […]

McFarlin Group Raising $100M Fund to Target Covid-19 Distressed Senior Housing

McFarlin Group is launching a $100 million fund to acquire senior housing assets at risk of becoming distressed in part by the coronavirus pandemic. While many senior housing lenders and investors are retreating to the sidelines during the environment of peak volatility caused by the outbreak, the Dallas-based fully integrated senior housing firm is among […]