Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
SBA issues new guidance on PPP loan forgiveness
By
Amy Novotney
Jun 28, 2020
The Small Business Administration has issued new interim final rules for the Paycheck Protection Program Flexibility Act in an attempt to make complete loan forgiveness attainable for most borrowers.
Pandemic-related fiscal woes to continue: report
By
Amy Novotney
Aug 27, 2020
The healthcare industry — and senior housing in particular — will see continued distress as a result of the COVID-19 pandemic, according to a report released Wednesday by Polsinelli, a law firm.
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
Pandemic putting pressure on seniors housing: Marcus & Millichap
By
Amy Novotney
Apr 14, 2020
The senior living industry may be one of the hardest hit by the coronavirus pandemic, yet with operators well suited to manage infectious diseases, and the strength of the seniors housing market prior...
Time is now for coordinating employee vaccine process: workplace safety expert
By
Amy Novotney
Dec 08, 2020
Whether long-term care operators will mandate that their employees get a COVID-19 vaccine once one is available has been a topic of much discussion over the past several weeks.