68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
It’s a sellers’ market for prospective senior living residents: report
By
Kimberly Bonvissuto
Jun 21, 2024
As home resale values continue to be strong and the time period to sell a home remains short, now is a good time for prospective senior living residents to consider selling their homes, according to a...
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
Defenseless spending
By
John O'Connor
Dec 16, 2021
The hurdles to getting coronavirus relief stand in sharp contrast to the way lawmakers are tossing billions at defense contractors and other makers of industrial-grade weaponry.
Canceling overtime changes would benefit employers, real family income, CBO says
By
Lois A. Bowers
Nov 14, 2016
Canceling changes to overtime regulations that are set to go into effect Dec. 1 would reduce private-sector employers’ payrolls and compliance costs and would increase profits, according to an analysis...
Ready for some labor pains?
By
John O'Connor
Apr 01, 2015
We don’t know by how much, but labor costs will soon rise.
Property, professional liability insurance costs major culprit as operating expenses increase
By
Kathleen Steele Gaivin
Oct 21, 2022
Increases in property and professional liability insurance costs are major contributors to runaway operating expenses for long-term care providers, according to results of the latest Executive Survey Insights...
Those past traditional retirement age may be a solution to worker shortfalls
By
Kathleen Steele Gaivin
Feb 10, 2023
So-called employment extenders — those who continue to work in their fields beyond the traditional retirement age — make up the fastest growing segment of the labor market, according to a new research...