3 tips to secure financing for a turnaround
If you’re seeking a loan to implement a turnaround strategy, then you’ll need to meet multiple criteria for your banker to say yes.
NIC
Assisted living occupancy falls to all-time low in second quarter, NIC says
Assisted living occupancy in the second quarter fell to 85.1%, the lowest point since the National Investment Center for Seniors Housing & Care began collecting data in 2006, the organization said Thursday.
Vision 2025 takes major stride toward enhancing senior living leadership training
A “historic” group of aging services professionals concluded two days of meetings with university professionals Thursday in Chicago, and the resulting buzz left participants eager for the next steps.
Senior living operators, ready for some small ball?
A landmark report is calling on senior living operators to consider reducing prices.
5 insights from NIC’s Middle Market Investor Summit
Several panelists shared insights about current and potential efforts to meet middle-income older adults’ senior housing and care needs on Tuesday at the National Investment Center for Seniors Housing & Care event in New York City. Here are a few that caught our attention.
5.9 million more could afford senior living if annual costs were cut by $15,000
But where will those cuts come from? The National Investment Center for Seniors Housing & Care is looking to operators, develops, builders and others for answers.
How to make senior living more appealing
A new study projects that at least 54% of middle-income adults in 2029 won’t be able to afford senior living. But even if people can afford it, will they want it?
Provider groups vow to continue work with policymakers to address middle-market challenges
Senior living advocates told McKnight’s Senior Living they will continue working with policymakers and others to try to ensure that middle-market adults have housing and care options as they age.
Middle market could provide answer to occupancy, oversupply issues, CEO says
Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending a Health Affairs event Wednesday.
Senior living’s biggest challenge officially has been revealed
A landmark study released this week paints a sobering portrait of senior living affordability for many older Americans. It also should send this strong message to many operators: Change or else.
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