Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
M&A activity in long-term care shrinks 9 percent during first quarter
By
Kathleen Steele Gaivin
Apr 14, 2022
Mergers and acquisitions activity slowed by 9% in the first quarter compared with the fourth quarter of 2021, according to data released Wednesday from LevinPro.
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
House passes bill to limit insulin costs to $35 a month
Apr 01, 2022
The bill now has to pass the Senate with at least 10 Republican votes.
Long-term demand, increased investor interest expected to boost senior living this year: JLL
By
Kathleen Steele Gaivin
Apr 01, 2022
The senior housing sector is recovering from pandemic-related disruption, backed by strong long-term demand and increased investor interest, according to the results of a JLL survey published Thursday.
Monthly fee increases in independent living hit historic high: Ziegler
By
Kathleen Steele Gaivin
Mar 28, 2022
Monthly fees for independent living residents increased at a higher rate than in previous years, and they are higher than predictions made last year, according to respondents to a survey by specialty investment...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.
Pent-up need for senior housing, services drives record absorption: Report
By
Kathleen Steele Gaivin
Mar 24, 2022
The pent-up need for senior housing resulting from the pandemic has driven record absorption across the industry over the past six months, according to a first quarter special report from Marcus & Millichap.