House passes two bills supporting affordable seniors housing
By
Amy Novotney
Jul 06, 2020
Affordable senior housing received a strong boost of support from the House last week as lawmakers passed two pieces of legislation: the Emergency Housing Protections and Relief Act of 2020 and the Moving...
Capital providers pass Fed’s stress test, some just barely
By
Amy Novotney
Jun 30, 2020
All 33 U.S. banks subject to the 2020 Federal Reserve stress tests met the standards to prove they would be able to retain enough capital to stay solvent through a deeper crisis, according to results released...
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Some assisted living operators passing COVID-19 costs on to residents
By
Amy Novotney
Jun 26, 2020
Senior living residents or their family members in at least eight states have filed complaints to their state attorney general or long-term care ombudsman about unfair billing practices related to the...
Regional Health Properties collects first quarter rent, but COVID-19 concerns remain
By
Amy Novotney
Jun 18, 2020
Suwanee, GA-based Regional Health Properties said the real estate investment trust has received most of its rental receipts from tenants through June but faces a number of uncertainties as it considers...
Ventas to cut executive salaries, a quarter of corporate jobs
By
Amy Novotney
May 29, 2020
Chicago-based real estate investment trust Ventas will make adjustments to its corporate cost structure in response to the COVID-19 pandemic’s impact on the firm, according to a Securities & Exchange...
Seniors housing new normal likely to include updates to dining, beautician services, security measures...
By
Amy Novotney
May 22, 2020
Virginia-based LifeSpire Living has a tentative date set of June 10 for the reopening of its four continuing care retirement communities to visitors and new residents. But as Jonathan Cook, the operator’s...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...