Personal savings a priority as two-thirds of Americans brace for recession: report
By
Kathleen Steele Gaivin
May 22, 2023
As Americans brace for a possible recession, some baby boomers, those born between 1945 and 1964, are putting off actions such as buying a new home in favor of increasing personal savings toward retirement....
SNFs leased from REITs score higher in CMS quality measure ratings
By
Kathleen Steele Gaivin
May 18, 2023
Skilled nursing properties that are leased from real estate investment trusts are likely to have better quality measure ratings for long-stay residents compared with properties that are leased from entities...
HUD takes ‘tremendous step forward’ with funding to promote ‘green’ affordable housing retrofits
By
Kathleen Steele Gaivin
May 15, 2023
The Department of Housing and Urban Development is making new funding available to help Section 202 Supportive Housing for the Elderly Program and other multifamily housing owners improve energy or water...
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,...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Offering a retirement plan ‘critical asset’ even for small business owners
By
Kathleen Steele Gaivin
May 09, 2023
It’s not just the big corporations that need to offer a retirement plan to employees. Even small business owners can, and should, should set up a retirement plan, according to Los Angeles-based Capital...
Employers’ healthcare costs expected to climb faster than inflation
By
Kathleen Steele Gaivin
May 04, 2023
Employer healthcare costs and premiums are likely to climb faster than inflation in 2023 and 2024, according to findings released Tuesday in Buck’s 44th Nation
Senior living and care liability insurance rates stabilizing, but decreases not expected any time soon
By
Kathleen Steele Gaivin
May 02, 2023
Owners and operators of senior living and care facilities and communities are expected to see some deceleration in rate increases for liability coverage, according to a recent survey from Willis Towers...
Low-wage workers experience historically fast wage growth: report
By
Kathleen Steele Gaivin
May 01, 2023
Low-wage workers experienced wage growth of 9% between 2019 and 2022. That’s a historically fast real wage growth over the three-year span, especially in a period of economic inflation, according to...