Lumber, labor continue to affect seniors housing construction: brief
By
Lois A. Bowers
Jan 26, 2018
Increased lumber costs and a labor shortage continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors Housing Association...
Senate drug pricing bill lowers costs for seniors
By
John O'Connor
Dec 10, 2019
A new version of a Senate drug-pricing bill would trim the amount seniors would pay for medications, advocates are claiming.
Bill would increase federal minimum wage to $11 an hour
By
Kathleen Steele Gaivin
Sep 15, 2023
Republican senators Bill Cassidy (LA), Susan Collins (ME), Shelley Moore Capito (WV), Tom Cotton (AR), Mitt Romney (UT) and JD Vance (OH) on Wednesday introduced a bill that would gradually increase the...
American Jobs Plan pumps money into affordable housing market but has ‘unprecedented labor mandates,’...
By
Kathleen Steele Gaivin
Jun 02, 2021
President Biden’s proposed American Jobs Plan pairs $213 billion in direct funding with more than $100 billion in new and expanded tax credits with bipartisan support to build and modernize affordable...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Senior living has ‘lots to watch’ during debt deal negotiations
By
Kimberly Bonvissuto
Jun 01, 2023
As Democrats and Republicans continued work toward passing a debt ceiling deal, the senior living industry is waiting to see how some provisions could affect providers.
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
On target
By
Kimberly Bonvissuto
Mar 17, 2021
Is ax-throwing the hottest new craze sweeping senior living communities? Find out more, and learn how to submit your photos!
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...
Labor costs driving up resident fees: survey
By
Lois A. Bowers
Oct 30, 2016
Labor costs are the primary driver for monthly fee increases charged to residents of not-for-profit senior living communities, according to a new poll by speciality investment bank Ziegler.