Assisted living? No thank you, investors and developers say
By
Lois A. Bowers
Feb 27, 2024
Assisted living communities saw the largest decrease in interest from 2023 to 2024 of all property types included in the 2024 CBRE US Healthcare Capital Markets’ Investor & Developer Survey.
Proposed law would impose federal reporting requirements on assisted living providers
By
Kimberly Bonvissuto
Feb 27, 2024
The recent closure of a large skilled nursing facility in Missouri has led to a bill that proposes minimum staffing levels for assisted living communities and a requirement that assisted living providers...
People in the news, Feb. 27
Feb 27, 2024
Appointments, promotions and other news at Acts Retirement–Life Communities, American Healthcare REIT, Goodwin Living, Health Dimensions Group, Heritage Pointe of Warren, HKS, Hord Coplan Macht, The...
Aegis Living, SLR recognized for achieving elevated memory care standards
By
Kimberly Bonvissuto
Feb 26, 2024
Two assisted living and memory care providers have earned certifications for meeting elevated standards of care for people living with dementia.
Coalition to promote ‘common sense solutions’ in senior living and care
By
Kimberly Bonvissuto
Feb 26, 2024
Three Arizona senior living and care advocacy organizations are partnering to promote “common sense solutions” for long-term care and counter negative perceptions of providers that appear in the lay...
Long-term care execs see modest salary increases: report
By
Kimberly Bonvissuto
Feb 23, 2024
Long-term care corporate executives took home an average salary increase of 3.69% last year, up slightly from the 3.17% reported salary increase in 2022, according to a new report.
Senior living lending increases as investors adjust to changing capital market
By
Kathleen Steele Gaivin
Feb 23, 2024
The issuance of new permanent debt for senior living increased during the third quarter of 2023, according to a lending trends report released by NIC Analytics.
Second-generation Korean American brings ‘silver towns’ model to Georgia
By
Kathleen Steele Gaivin
Feb 23, 2024
In keeping with the Korean custom of caring for one’s elders, one man has developed a senior living community meant to emulate the silver towns of South Korea.
Invesque prioritizes pruning real estate portfolio
By
Kathleen Steele Gaivin
Feb 23, 2024
Invesque has spent 2024 pruning its real estate portfolio, “cleaning up” the balance sheet and making “certain personnel cutbacks.”
Philip Esformes pleads guilty to healthcare fraud, sentenced to time served
By
Kimberly Bonvissuto
Feb 22, 2024
Former assisted living community and nursing home owner Philip Esformes pleaded guilty to healthcare fraud on Thursday and received a sentence of time served, ending a case the federal government at one...