Energy efficiency improvements could help senior living tap into $400 billion in federal funds through...
By
Kimberly Bonvissuto
May 19, 2023
Senior living communities could be able to cash in on energy efficiency improvements through last year’s Inflation Reduction Act.
31 percent of retirees say inflation could motivate return to workforce
By
Kathleen Steele Gaivin
Aug 18, 2022
Approximately one-third of retirees say they would be motivated to return to the workforce if inflation continues to eat into their savings, according to an American Staffing Association Workforce Monitor...
Inflation, labor shortage continue to affect senior living construction costs
By
Lois A. Bowers
Aug 02, 2017
Inflation, a lack of workers and the price of wood and steel continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors...
Retirement outlook improves, but not all retirees are optimistic
By
Kathleen Steele Gaivin
Sep 20, 2023
Economic conditions have improved the retirement outlook for Americans this year, according to the 2023 Natixis Investment Managers’ Global Retirement Index released last week. But at the same time,...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
OSHA civil penalties now top $145,000 for ‘willful or repeated’ violations
By
Lois A. Bowers
Jan 20, 2022
The Occupational Safety and Health Administration has increased the maximum penalty for “willful or repeated” violations to $145,027 per violation from $136,532 per violation, the Department of Labor...
Senior living construction costs continue to rise due to labor shortage
By
Lois A. Bowers
Jan 22, 2017
A labor shortage in the construction industry is one of the driving factors behind continued inflation for senior living construction projects in every region of the country, according to a new brief prepared...