The Spring NIC Conference always brings a buzz of energy, but this year, it was palpable. Attendance was strong, reflecting the growing momentum in the senior housing and healthcare real estate sector. After the optimism surrounding the Fall NIC, it’s clear that the industry has shifted from hopeful anticipation to decisive action—deals are getting done. […]
As we reflect on the past year, 2023 presented a landscape of cautious optimism within the senior housing industry. The fundamental need for senior housing remains as strong as ever, but the prevailing lending environment posed notable challenges. Lenders, while armed with substantial capital, approached lending with a sense of caution. A prerequisite for a […]
The world of senior housing is divided into distinct sectors: Skilled Nursing, Assisted Living/Memory Care, Independent Living, and Active Adult. Skilled Nursing and Assisted Living/Memory Care facilities are licensed and provide help with daily activities, while Independent Living and Active Adult communities focus more on lifestyle and amenities. As we look ahead to the second […]
Published in Wealth Management Real Estate’s 2023 Market Outlook December 29, 2022 The senior housing sector is broken into Skilled Nursing, Assisted Living/Memory Care, Independent Living and Active Adult. Skilled Nursing and Assisted Living/Memory Care facilities are licensed and aid with activities of daily living. While Independent and Active Adult are not licensed and are […]
Senior Housing Market- Post COVID According to many industry experts, the Assisted Living and Skilled Nursing industries remain under the national microscope post-COVID. How will state and federal regulatory changes impact the industry? What will these changes mean to reimbursement levels, staffing requirements and barriers to entry? Workforce shortage The American Health Care Association (ASHA) […]
Many years ago, when I was in operations and our Skilled Nursing Facility (SNF) was preparing for our annual survey, I heard that NOC shift employees were sleeping during their shift. I set my alarm for the middle of the night, snuck into the back door of the facility and as word spread that I […]