Current lending environment tough across all asset classes: NIC/Ziegler survey
By
Amy Novotney
Sep 30, 2020
Current lending spread differentials between majority assisted living/memory care communities and majority nursing facilities are remarkably similar, with most lenders quoting spread ranges of 3% to 4%...
Concerns over understaffing, family needs likely turnover culprits during pandemic: study
By
Amy Novotney
Mar 02, 2021
A substantial percentage of direct care workers have experienced a series of external and work-related challenges during the COVID-19 pandemic, leading many to leave their jobs within long-term care, according...
Despite some increase in prospect interest, occupancy improvements still elusive: NIC
By
Amy Novotney
Feb 12, 2021
Although many senior living and care operators have been eagerly anticipating a boost in occupancy as a result of COVID-19 vaccine availability, the upward trend hasn’t hit just yet, according to data...
Investors still buying in skilled nursing — often at rates higher than before the pandemic
By
Amy Novotney
Jan 29, 2021
Pricing for skilled nursing units has remained relatively steady despite the fact that many beds are empty as a result of the COVID-19 pandemic.
CCRCs see lower occupancy dips than non-CCRCs: NIC
By
Amy Novotney
Nov 12, 2020
Two quarters into the COVID-19 pandemic, occupancy within continuing care retirement communities has remained nearly 9 percentage points higher than occupancy within non-CCRCs. That’s according to data...
Biden election likely to lead to increased worker safety, reversal of diversity training ban
By
Amy Novotney
Nov 10, 2020
Even if Republicans maintain a majority in the Senate, the U.S. workplace is likely to experience some changes with Joe Biden in the Oval Office, according to an article Monday in Politico.
More than half of employees unaware of state tax liabilities related to working remotely: poll
By
Amy Novotney
Nov 10, 2020
With remote work becoming standard operating practice for many firms, a new poll shows that 55% of Americans who have worked remotely during the pandemic were not aware that a failure to change their state...
Business briefs for Tuesday, Feb. 2
Feb 02, 2021
LeadingAge urges Treasury to consider older adults in $25 billion rent relief program … Fitch revises rating outlook for Sabra to stable from negative and affirms the ratings for Sabra’s debt as ‘BBB-‘...
Bipartisan legislation seeks to ensure nursing homes retain adequate staffing levels
By
Amy Novotney
Jan 22, 2021
U.S. Reps. Fred Keller (R-PA) and Susan Wild (D-PA) joined together Thursday to reintroduce the Nurses CARE Act for the 117th Congress. This bipartisan bill seeks to ensure that long-term care facilities...
EEOC sues provider for alleged sexual harassment of employees by residents
By
Amy Novotney
Oct 27, 2020
The owners and operators of a Colorado long-term care facility violated federal law by tolerating the sexual harassment of female employees by residents, alleges a lawsuit filed Friday by the U.S. Equal...