While labor challenges have plagued senior living operators more severely during the Covid-19 pandemic, there could be light at the end of the tunnel for some as positives emerge. While staffing still makes up the largest part of the company’s budget, labor pressures are beginning to ease due to reduced agency staffing costs and overtime […]
Marcus & Millichap
Senior living investors returned to the industry in 2022 as operator performance and favorable demographic trends drove interest. But many of them are now also more selective in the deals that they undertake. This is one of the observation in the Senior Housing National Report for the second half of 2022, which was recently published […]
Transactions Integral Senior Living Assumes Management of Four Communities Integral Senior Living announced it has assumed management of four assisted living and memory care communities owned by MedCore Partners in the Mountain West. The move further expands the working relationship between Dallas-based real estate firm MedCore and Carlsbad, California-based Integral Senior Living. The communities, three […]
Nearly half of all investors polled by a recent survey believe now is the time to invest in senior housing communities, and that property values are due to rise this year. Forty-eight percent of investors who responded to the survey from Wealth Management Real Estate and Marcus & Millichap said that now is “the time […]
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 […]
The baby boomer generation will change senior living and long-term care even more than some experts predict, and the industry is not nearly prepared to handle the influx of boomers entering the space over the next two decades. That is because the boomers are sitting on untapped wealth resources, and are willing to spend money […]
National Health Investors (NYSE: NHI) completed a sale of eight communities operated by Holiday Retirement. The total price was $115 million. The communities total 909 units, and NHI expects to realize a gain on the sale of up to $2 million. To date, the company announced $203.4 million in dispositions and expects to end 2021 […]
The senior living industry is slowly marching back to normalcy as move-ins and leads return — but the remainder of 2021 is make-or-break for some operators, particularly those who are already struggling. Operators who were already in good financial standing before the pandemic likely have resources to weather the remainder of the storm and recover. […]
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]
Retiring seniors are no longer basing their housing decisions mainly on warmer climates, and senior housing developers and operators should take notice. A report from the U.S. Department of Health and Human Services’ Administration for Community Aging revealed that five states saw 50% spikes in their over-65 population between 2007 and 2017. Those states are: […]