2021 Outlook: Senior Housing M&A Will Rise, Occupancy Will Take Longer to Recover

One month into 2021, senior housing occupancy sits at all-time low levels, and it likely will take a year or more for the census to recover to pre-pandemic levels. That’s the take of three industry leaders who participated in the January 29 webinar on the financial outlook for senior housing in 2021, hosted by Senior Housing News and featuring panelists from the National Investment Center for Seniors Housing & Care (NIC), Lument, and R.D. Merrill
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Investor Interest in Assisted Living Grows Amid Covid-19 ‘Flight to Quality’

The pressures of the Covid-19 pandemic are pushing investors to become more interested in need-based product types, such as assisted living and memory care communities. At the same time, there is increased spread in Class A versus Class B acquisitions, illustrating “an investor flight to quality throughout the pandemic.” That’s according to the latest CBRE Seniors Housing & Care Investor Survey, which details how investors saw the senior living market in the second half of
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NIC Panel: Simple Solutions Can Shorten Pandemic, But Seniors Housing Has Bright Long-Term Future Regardless

Panelists included (from left) moderator Soledad O’Brien, a journalist and talk show host; Mark Parkinson, president and CEO of American Health Care Association/National Center For Assisted Living; and Andy Slavitt, former administrator for the Center for Medicaid and Medicare Services.   The COVID-19 pandemic has been an existential crisis for the seniors housing industry, where the people most susceptible to the disease are the same who live in the communities. But many still believe in
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HHS Opens More Relief Funding for Assisted Living Providers

Assisted living providers will have an opportunity to receive additional federal funds to help offset the financial impacts of Covid-19. The Department of Health & Human Services (HHS) on Thursday announced the next phase of funding from the Provider Relief Fund. The funding includes $20 billion in aid for providers on the front lines of the pandemic. Providers that have already received Provider Relief Fund payments can apply for additional funding that considers financial losses and changes
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Exclusive Research: COVID-19 Weighs on Near-Term Outlook for Seniors Housing

  While COVID-19 has taken its toll, the exclusive annual NREI/NIC seniors housing investor sentiment research finds that respondents retain a bullish view on the long-term prospects for the sector. The coronavirus has made its mark on sentiments among seniors housing investors. Exclusive results from the annual NREI / NIC seniors housing investor sentiment survey highlight near-term concerns about pressures on occupancies, expenses and rent growth, while long-term views are optimistic about future performance. Overall, survey respondents
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