Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
Business briefs for Monday, Oct. 26
Oct 26, 2020
HHS broadens definition of lost revenue for Provider Relief Fund to allow more aid to operators … Provider groups request extension of moratorium on the 2% Medicare sequester cuts … Ziegler closes...
Many operators bracing for pandemic fiscal hangover: survey
By
Amy Novotney
Oct 09, 2020
Just over a third (37%) of senior living operators say they believe the pandemic will negatively affect their finances for the entirety of 2021, specialty investment bank Ziegler found in its latest CFO...
Nonprofits seeing most growth in expansions and affiliations: Ziegler
By
Amy Novotney
Sep 24, 2020
Affiliations and acquisitions are far surpassing new developments within the nonprofit senior living sector, and that trend is likely to continue. That’s according to speakers at the opening session...
Nonprofits cite pandemic for revenue decline
By
Amy Novotney
Sep 11, 2020
Operators’ bottom line clearly have been hit hard by the COVID-19 pandemic, but a new report by specialty investment bank Ziegler shows just how hard. The firm surveyed 230 senior living operators, largely...
COVID-19 ushers in new construction realities
By
Amy Novotney
Sep 11, 2020
More than six months into the COVID-19 pandemic, flexibility and planning for the unexpected top the list of necessities when it comes to undergoing construction projects within seniors housing. That’s...
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Nonprofits have working capital loan options besides PPP: Ziegler
By
Amy Novotney
Jun 15, 2020
Nonprofit senior living operators looking for additional working capital loans outside of the Paycheck Protection Program and the Provider Relief Fund still have a few options available to them, according...
Ziegler: At least 84 senior living operators applied for a combined $195M in PPP’s first round
By
Amy Novotney
May 04, 2020
Many senior living operators overwhelmed by the financial fallout of the coronavirus pandemic have been taking advantage of the federal government’s Paycheck Protection Program, according to data compiled...