Coronavirus / COVID-19 - McKnight's Senior Living

Coronavirus / COVID-19

COVID-19 ushers in new construction realities

More than six months into the COVID-19 pandemic, flexibility and planning for the unexpected top the list of necessities when it comes to undergoing construction projects within seniors housing. That’s according to speakers at a webinar for institutional investors Wednesday, hosted by specialty investment bank Ziegler.

Senior woman using digital tablet on apartment balcony

Tech tools earning their keep during the pandemic: survey

Amid community lockdowns for COVID-19, more senior living leaders began to understand the importance of engagement technology more than ever. In fact, the number of leaders who view the technology as having a clear return on investment for their communities has more than doubled since the pandemic began, jumping from 24% to 48%, according to a report released Thursday by senior living technology firm iN2L.

Nonprofits cite pandemic for revenue decline

Operators’ bottom line clearly have been hit hard by the COVID-19 pandemic, but a new report by specialty investment bank Ziegler shows just how hard. The firm surveyed 230 senior living operators, largely representing nonprofits, and found that 62% reported a monthly revenue downturn of at least 6% that could be directly attributed to COVID-19.

Next post in Home Care Daily News