HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Private equity deals slow down in 2022 after 2021 high
By
Kathleen Steele Gaivin
May 23, 2022
Private equity healthcare provider deals have slowed in early 2022 after reaching a high in 2021, according to recent reports.
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...
Private-sector employment sees biggest jump since July: ADP
By
Kathleen Steele Gaivin
Apr 04, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
Americans have poor understanding of retirement income planning
By
Kathleen Steele Gaivin
Feb 16, 2024
Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.
Senior housing and care M&A activity drops in third quarter
By
Kathleen Steele Gaivin
Oct 18, 2023
Merger and acquisition activity in senior living and care dropped to 115 publicly announced deals in the third quarter compared with 120 known transactions in the second quarter, according to information...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Staffing issues continue to drive reduced admissions in SNFs
By
Kathleen Steele Gaivin
Dec 18, 2023
Nursing home providers continue to struggle with staffing challenges as they aim to reboot admissions in the post-pandemic era, according to the newly released results of a recent Ziegler CFO Hotline survey.
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...