Life plan community residents who are more extroverted are generally happier than their peers — and that held true even as the Covid-19 pandemic forced senior living residents to shelter in place. That’s according to the latest findings from The Age Well Study. The ongoing, five-year study is conducted by Mather Institute in partnership with […]
Category: Covid-19
Senior living providers are still devoting considerable time and resources to Covid-19 testing, even as they ramp up vaccination efforts for residents and staff. The senior living industry made great strides early in the pandemic to bring Covid-19 tests into their communities. But nearly a year into the Covid-19 pandemic, providers are still implementing new […]
Covid-19 will continue to drag on senior housing operations and net operating income (NOI) until vaccines are widely distributed, and NOI is expected to reach new lows in mid-2021. From there, demographic trends will result in a gradual rebound in NOI, but low supply barriers will limit growth upside, and NOI is not expected to […]
Senior living providers in the Northeast U.S. ran into significant challenges as Covid-19 spiked last spring, and Benchmark was no exception. The Waltham, Massachusetts-based senior living provider is currently working its way back to more stable operations, according to Benchmark Founder and CEO Tom Grape. The effort is evident in two news announcements this week. […]
Atria Senior Living is making the Covid-19 vaccine a requirement for its employees. The Louisville, Kentucky-based senior living provider announced on Monday its more than 10,000 U.S. workers must get both doses of the Covid-19 vaccine by May 1. Atria’s vaccine mandate is unique among large senior living providers in the U.S., many of which […]
The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they are preparing for obstacles appearing on the horizon. Providers across the country, including large organizations such as Brookdale Senior Living (NYSE: BKD) and Atria Senior Living, began administering the long-awaited […]
With Covid-19 dominating the news for most of 2020, it’s no surprise that the most-read stories of the year were all related to the pandemic. In particular, readers were interested in how Covid-19 might change the way that communities are designed, with the top two stories both focused on this topic. And the hottest design […]
Less than a year ago, the senior living industry stood at the precipice of Covid-19. Now, the industry is on the cusp of another potentially seismic event: the deployment of an effective vaccine. The vaccine will reach senior living communities at different rates across the United States, depending on factors such as how quickly states […]
When Chris Guay founded Vitality Living, he was frustrated at the industry’s slowness to innovate, and he intended to push the envelope. Four years later, he and Vitality have been through twists and turns, including joining with new partners. But Guay believes the Brentwood, Tennessee-based company is in a strong position today, with a portfolio […]
Opening a new senior housing community is stressful under normal circumstances. Opening one during a public health crisis presents added challenges. Take Sequoia Living, which opened Viamonte at Walnut Creek, a continuing care retirement community in Walnut Creek, California, two weeks ago. The San Francisco-based owner and operator lost 31% of its entrance fee deposits […]
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