Here’s the COVID-19 information borrowers should be sharing with lenders: Ziegler
By
Amy Novotney
Jul 17, 2020
Most borrowers know that amidst the onset of COVID-19, ongoing disclosure to lenders with regards to how the pandemic is impacting the organization is crucial. But how often should operators be providing...
Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
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...
Ziegler: Check out these relief options for seniors housing operators who don’t qualify for SBA help
By
Amy Novotney
Apr 10, 2020
Since President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act on March 27, much of the focus has been on the Paycheck Protection Program and securing funds for small businesses...
Elderly homelessness will be America’s next great housing crisis: NYT analysis
By
Amy Novotney
Oct 02, 2020
Even before the pandemic hit, the number of elderly people experiencing homelessness was projected to triple within the next decade. A New York Times examination finds that swelling numbers of homeless...
CMS reevaluating outlays for the Accelerated Payment Program
By
Amy Novotney
Apr 28, 2020
The Centers for Medicare & Medicaid Services announced Sunday that it is reevaluating the amounts that will be paid under its Accelerated Payment Program and suspending its Advance Payment Program to Part...
Brookdale’s December occupancy drops to 71.5%
By
Amy Novotney
Jan 13, 2021
Brookdale Senior Living reported new occupancy lows as 2020 ended, with a December weighted average occupancy and month-end occupancy of 71.5%.
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...
Loan forgiveness uncertainty creeps into new federal program
By
Amy Novotney
Jun 16, 2020
The ongoing changes being made to the federal government’s Paycheck Protection Program have left many small businesses uncertain as to whether they will have to pay the loan back.
Pandemic likely to worsen financial woes for assisted living operators
By
Amy Novotney
Apr 10, 2020
Assisted living facilities have come under increased scrutiny during the COVID-19 pandemic. Challenges include deepening financial pressures, sicker residents, limited oversight and too few employees....