$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
Proposed long-term care oversight package brings mixed bag for assisted living
By
Kimberly Bonvissuto
Jul 24, 2024
Legislation aiming to improve quality and oversight of senior living communities and nursing homes in Massachusetts being seen as a mixed bag by one assisted living association.
Operators plan lower fee increases despite costs that remain elevated
By
Kimberly Bonvissuto
Oct 06, 2023
The high monthly resident fees introduced by senior living operators in the wake of the COVID-19 pandemic are starting to taper off, but that doesn’t mean costs are coming down, according to results...
Coalition once again urges action on assisted living for veterans legislation
By
Kimberly Bonvissuto
Jul 16, 2024
A coalition of senior living and care organizations is pressing lawmakers to suspend the rules and push through a piece of legislation that would open assisted living community access to some veterans,...
More news for Wednesday, July 3, 2024
By
Kimberly Bonvissuto
Jul 03, 2024
Sonida Senior Living acquires 9 communities, to manage 2 more … FDA approves donanemab treatment for early Alzheimer’s disease … House subcommittee advances proposal to cut HUD funding by 7% …...
Service coordinator salaries present challenges for workers, providers, residents: report
By
Kimberly Bonvissuto
Oct 05, 2023
A new report finds that the average annual salary for full-time affordable housing service coordinators could make it difficult for providers to recruit new workers, could result in residents experiencing...
Affordable senior housing thrust into spotlight as advocates press lawmakers to address shortfalls
By
Kimberly Bonvissuto
Jul 24, 2024
The lack of affordable senior housing in the United States is the focus of two separate efforts this week by advocates for the senior living industry, with both calling for the allocation of more federal...
As LGBTQ+ population increases in senior living, so must provider inclusivity actions
By
Kimberly Bonvissuto
Jul 08, 2024
LGBTQ+ older adults are one of the fastest emerging populations in senior living, presenting both opportunities and challenges for providers, according to a legal expert.
Senior living market ripe for development, experts say
By
Kimberly Bonvissuto
May 24, 2024
The senior living landscape is ripe for development thanks to market fundamentals, extended construction timelines and growing occupancy, according to experts with the National Investment Center for Seniors...
Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...