Business information and industry analysis about Seniors Housing
Occupancy at life plan communities is continuing to outpace non-life plan communities as senior living operators work to grow occupancy back to pre-covid levels in 2023. According to a new report from Ziegler using NIC MAP Vision data, occupancy at life plan communities registered at 87.2% in the fourth quarter of 2022, a marked increase over...
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Financings Bayview Closes $13M Financing for California Community Bayview PACE announced it closed on $13 million in innovative Commercial Property Assessed Clean Energy (C-PACE) for the financing of an existing senior living community in Georgia. The community – called Varenita of Simi Valley – is a 102-unit assisted...
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In 2023, the senior living lease-up process is trending back toward the pre-pandemic normal — and what constitutes a stabilized community is still evolving. Recent data from NIC MAP Vision showed that lease-up trends across the country were accelerating, but that the headwinds of recent years had made it more difficult for operators to reach...
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In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. This article is a part of your SHN+ membership Construction: Completed MorningStar renovates California community MorningStar Senior...
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This article is a part of your SHN+ membership Value-based care and the middle market represent two of the biggest opportunities for senior living providers and were hot topics at the recent NIC Spring Conference. But with operators more cash-strapped than ever — thanks largely to inflation and labor disruption — I believe that the sector is...
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Senior living marketing and sales teams know a lot about the people who fill out contact forms, chat online, call their switchboard and stop by for tours. But how well do they know the reluctant shopper? The anonymous web browser? The older adult or caregiver who is combing the internet, clicking around websites but completely avoiding sales conversations?...
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Senior living industry pioneer and ReNew REIT CEO George Chapman died on Wednesday, according to a notice from the Toledo, Ohio-based company. Chapman, who helped found ReNew REIT in 2018 and also was a longtime CEO of the real estate investment trust that later became Welltower (NYSE: WELL), was a “pillar in the industry and the community,”...
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Pathway to Living is facing an uncertain future after parent company Waterton moved to transition all of the operator’s managed communities to other senior living operators. The companies to take on the properties include Sonata Senior Living, which is in May slated to begin managing one Pathway property in Florida. The community, Azpira...
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The Federal Reserve’s move to raise interest rates once again, despite two domestic bank collapses and international financial turmoil, could further dampen lending activity in the senior living industry. In a news conference on Wednesday afternoon, Federal Reserve Chairman Jerome Powell announced an anticipated 0.25% increase in interest...
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As operators tweak their portfolios in 2023 with margins in mind, unit mix is among their most crucial considerations. New data from the National Investment Center for Seniors Housing & Care (NIC) showed that appropriately sizing care segments is one of the most important factors when developing and designing a senior living community,...
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