Franchise Models Steadily Expand Into Senior Housing Market

Long-established Beehive, home care mainstay BrightStar and newcomer Majestic offer different franchise models It isn’t a boom yet, but interest in franchise ownership of senior living properties has grown recently, and this model shows signs of becoming more prevalent as baby boomer demand gains strength in the coming years. Franchise-based senior living already was gaining […]

Increased Hiring Challenges, Staff Burnout Could Hamper Senior Living Providers in 2021

Covid-19 exacerbated an already tough hiring environment for senior living providers over the past year. Now, as the industry nears a post-pandemic environment, it is uncertain if providers will be able to recruit available workers — a challenge that may become harder if hospitality and other industries hard hit by Covid-19 experience quick rebounds. Sign […]

Diversified Healthcare Trust to Transition 108 Communities From Five Star to Other Operators

Diversified Healthcare Trust (Nasdaq: DHC) has struck an agreement with Five Star Senior Living (NYSE: FVE) to transition 108 senior living communities to other operators by the end of 2021. The senior living operator will also close and reposition the skilled nursing units in all of the continuing care retirement communities (CCRCs) it manages for […]

Over 50% of Assisted Living, Nursing Home Workers Report Burnout; 24% Say They Had Covid-19

There is a growing mental health crisis facing frontline health care workers, including those in senior living. That’s reflected in a new survey conducted by the Kaiser Family Foundation and the Washington Post. One out of every six respondents reported contracting Covid-19, with nursing homes and assisted living facilities the most frequent settings for positive […]

Welltower Sees 3 Weeks of Senior Housing Occupancy Gains, Expects To Hit Top End of FFO Guidance

Welltower (NYSE: WELL) has seen three consecutive weeks of occupancy gains in its U.S. and U.K. senior housing operating (SHO) portfolios, and is expecting to achieve the top end of its guidance range for Q1 2021 normalized funds from operations (FFO). The news reflects positive momentum for a large swath of senior living communities, given […]

NHI CEO: ‘Odd’ Deals Dominate Market, CCRCs’ Unexpected Performance To Be Discussed For Years

With senior living occupancy lower than he’s ever seen it due to Covid-19, National Health Investors (NYSE: NHI) President and CEO Eric Mendelsohn has had to become a more empathetic leader — while still safeguarding NHI’s business and securing its future But Mendelsohn is feeling more optimistic than he was during the last earnings call […]