$1M in investable assets won’t cut it in retirement, survey finds
By
Kathleen Steele Gaivin
Oct 19, 2022
Wealthier individuals are preoccupied with their eventual ability to retire comfortably, even if they have $1 million or more in assets, according to data on such US investors from a survey conducted by...
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Omega restructures lease as Maplewood deals with occupancy, labor, economic issues
By
Kimberly Bonvissuto
Jan 11, 2023
The COVID-19 pandemic’s lingering impacts on labor and inflation costs led Omega Healthcare Investors to propose a lease restructuring with its luxury senior living brand, Maplewood Senior Living, the...
Wearing face mask reduces risk for symptoms of respiratory infection
Jul 31, 2024
Wearing surgical face mask in public over 14 days reduces risk for self-reported symptoms consistent with respiratory infection
Senior living construction backlogs hold steady
By
Kathleen Steele Gaivin
Aug 23, 2023
Backlogs for senior living construction projects are holding steady. Commodity prices have improved for some products, but labor rates continue to increase.
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Independent living monthly fees surpass 2022 projections: Ziegler poll
By
Kimberly Bonvissuto
Apr 13, 2023
Independent living resident monthly fee increases aren’t just higher than previous years. They also have surpassed last year’s predictions, according to the result of a recent poll by specialty investment...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
OSHA civil penalty amounts adjusted for 2024, effective today
By
Kathleen Steele Gaivin
Jan 16, 2024
Changes to Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2024 went into effect today.
Ending, delaying retirement pondered by half of Americans in survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Fifty percent of pre-retirees and retired workers are considering delaying or coming out of retirement, respectively, according to the results of a survey from F&G Annuities & Life.