Senior living and care pricing could decrease due to cap rates, operating expenses: survey
By
Kathleen Steele Gaivin
Mar 08, 2023
If not offset by record-setting rental rate growth, expected capitalization rate expansion and rising operating expenses could lead to a decrease in senior living and care pricing this year. That’s according...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Older adults fearful they could outlive savings: survey
By
Kathleen Steele Gaivin
Feb 27, 2023
“A runaway majority of seniors think the United States is in a retirement savings crisis,” according to the results of the Retirement Savings Crisis Survey from American Advisors Group.
Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...
‘Two markets’ affecting senior living investments: NIC
By
Kathleen Steele Gaivin
Feb 22, 2023
“It’s a tale of two markets and many influencing factors as we move further into 2023,” National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace wrote Tuesday in a...
GOP senator announces Social Security, Medicare funding bill
By
Kathleen Steele Gaivin
Feb 14, 2023
Sen. Rick Scott (R-FL) has proposed a bill to fund Social Security and Medicare. The action follows President Biden’s statements during last week’s State of the Union address that Republicans are looking...
ARPA funds still weeks away for assisted living, personal care providers
By
Kathleen Steele Gaivin
Feb 14, 2023
Assisted living residences and personal care homes will have to wait a little longer for American Rescue Plan Act payments to be distributed under Pennsylvania’s Act 54 of 2022. The payments have been...
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...
CVS Health and Healthpeak Properties presented fourth-quarter and full-year 2022 earnings results on Wednesday.
Cogeneration system harnesses power of clean energy for long-term care operator
By
Kathleen Steele Gaivin
Feb 08, 2023
It takes a lot of energy to heat and cool Hebrew Home of Riverdale’s 32-acre campus on Hudson River in the Bronx, NY. When it came time to replace aging equipment — some buildings are well over 100...