Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses, resulting in better-than-anticipated financial performance, executives said Friday on a second-quarter earnings call.
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely challenging operating environment,” Diversified Healthcare Trust and Five Star Senior Living executives said Thursday on second-quarter earnings calls.
The former vice president of a Virginia continuing care retirement community is scheduled to appear in court Aug. 24 after being charged with nine felony counts of embezzlement for allegedly stealing approximately $60,000 from the community over four years.
New York state is walking back its blanket protections granted to senior living communities and nursing homes during the COVID-19 pandemic.
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment in senior housing, executives said Wednesday during a second-quarter earnings call.
A California assisted living community COVID-19 outbreak that led to four deaths reportedly leads back to a “meth dealer” who exposed an employee to the virus, and then the employee unknowingly brought the virus into the building.
A new multigenerational study by Edward Jones and Age Wave reveals challenges and opportunities for senior living providers in four areas: health, family, purpose and finances.
Senior living and care referral service provider A Place for Mom has won a preliminary injunction against a former employee who allegedly stole trade secrets and used proprietary information to solicit customers for a direct competitor.
A leader of the House Appropriations Committee has called on the Department of Health and Human Services to place senior living communities on the same playing field as nursing homes in the prioritization of resources to fight COVID-19.
A developer, builder and manager of affordable senior housing and other apartment complexes has settled one of the largest housing accessibility lawsuits filed by the Department of Justice.
