Employer-sponsored health insurance cost up 7 percent year over year
By
Kathleen Steele Gaivin
Nov 21, 2023
The cost of employer-sponsored health insurance plans is increasing both for employers and employees, according to recent studies.
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
Affordable senior housing communities share in $1.34M for ‘green energy’ upgrades
By
Kimberly Bonvissuto
Oct 23, 2023
Sixteen federal affordable housing properties are on the receiving end of more $1.34 million in new loans and grants to implement energy efficiency and climate resilient upgrades.
Affordability tops retirement community wish list for older adults, operators
By
Kimberly Bonvissuto
Oct 13, 2023
Inflation isn’t just hitting prospective senior living residents looking for the best value in a retirement community. It’s also hitting operators, leaving fewer options available.
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...