Healthcare Trust reports significant growth in senior housing portfolio as self-management approaches
By
John Roszkowski
Sep 03, 2024
New York City-based real estate investment trust Healthcare Trust continues to see significant growth in its senior living portfolio as it continues to move toward self-management, according to a Thursday...
Economic worries are top stressor for 15 percent of older adults: survey
By
Lois A. Bowers
Aug 28, 2024
Fifteen percent of older adults participating in a new survey ranked economic insecurity as the top driver of their stress or anxiety over the past 12 months, and 31% listed it among their top three stressors.
Fannie Mae asks court to appoint receiver for $28.3 million in back payments from senior living investors
By
Kathleen Steele Gaivin
Aug 16, 2024
Fannie Mae claims that investors defaulted on three months of payments totaling $28.3 million on behalf of three properties in North Carolina.
Fed chair signals possible rate cut ahead of September meeting
By
Kathleen Steele Gaivin
Aug 26, 2024
Lower federal interest rates could be coming as soon as next month, although Federal Reserve Chair Jerome Powell declined to commit to an exact date when speaking Friday at an economic symposium in Jackson...
Maine nursing home closure continues disturbing state, national trend
By
John Roszkowski
Aug 27, 2024
The closing of a 55-year old nursing home in Maine is the latest in a disturbing trend of nursing home closures in the state and nationwide.
Soaring material prices and interest rates driving up construction costs: report
By
Kathleen Steele Gaivin
Aug 23, 2024
Costly materials and high interest rates are impacting senior living construction projects nationwide, according to a recent analysis from consulting company Plante Moran.
Employers can match student loan payments as contributions to retirement plan, IRS says
By
Kathleen Steele Gaivin
Aug 21, 2024
The IRS on Monday issued interim guidance for employers who opt to make matching contributions to retirement plans on eligible student loan payments made by their participating employees.
Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...
New updates to OSHA’s Hazard Communication Standard in effect
By
Kathleen Steele Gaivin
Aug 22, 2024
Updates to the Occupational Health and Safety Administration’s Hazard Communication Standard (HazCom) went into effect last month, with a compliance deadline set for 2026.
‘Remarkable year’ so far for Capital Funding Group includes $440 million in deal closings
By
Kathleen Steele Gaivin
Aug 13, 2024
Capital Funding Group closed more $440 million in healthcare bridge loans, HUD loans and other deals in the first half of the year, including millions in senior living and care transactions, the company...