Inflation Reduction Act provides $25B for affordable housing … Amazon pulling plug on Amazon Care … Fitch Ratings affirms Friends Homes at BBB-; outlook stable … Bright Star acquires eight franchises...
Business briefs, Jan. 7
By
Kathleen Steele Gaivin
Jan 07, 2022
Governor announces plans to distribute 1 million rapid COVID tests to assisted living communities, nursing homes; LeadingAge Florida applauds … Fed discusses faster rate hikes to counter inflation …...
‘We’re on our way’ to recovery in senior housing real estate: expert
By
Kathleen Steele Gaivin
May 26, 2022
The senior housing real estate market is poised for a good recovery after the challenges of operating during a pandemic, according to Michael Acton, managing director and head of research at AEW.
Increased healthcare M&A activity coming down pike in 2022, investment execs predict
By
Kathleen Steele Gaivin
Jan 26, 2022
Following a strong year for healthcare and life sciences transactions in 2021, investment professionals expect deal volume to clip along at a steady pace in 2022, despite labor shortages, supply chain...
Fed interest rate hikes begin to weigh on commercial investors, experts say
By
Kathleen Steele Gaivin
Sep 23, 2022
The Federal Reserve’s rising interest rates are starting to weigh on commercial real estate investors, Marcus & Millichap reported, although transaction activity was at an above-average pace through...
Senior living development interest ‘significantly higher’ this year even as costs rise
By
Kathleen Steele Gaivin
Jun 09, 2022
“The interest in new campus development from senior living providers and developers is significantly higher year over year,” despite commodity and supply chain challenges, rising interest rates and...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
Senior housing investment takes a ‘modest step back’
By
Kathleen Steele Gaivin
Jul 26, 2022
The economic recovery embraced by senior housing investors a year ago is still happening, but it has taken a “modest step back” in the face of increasing costs, inflation and interest rate hikes, Beth...
59 percent of adult children cannot afford assisted living, home care for parents: survey
By
Kathleen Steele Gaivin
Aug 10, 2022
Fifty-nine percent of adults aged 40 to 55 who have parents said they will not be able to pay for in-home nursing care or life at an assisted living community for them