BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...
Second defendant agrees to pay $2.25 million to settle fraud charges against long-term care investment...
By
Kimberly Bonvissuto
Jul 09, 2020
The second defendant in a scheme to defraud investors in the Orthodox Jewish community who invested in assisted living communities and nursing homes throughout the Midwest has settled his case with the...
Assisted living needs $5 billion for COVID-19 response, AHCA / NCAL tells HHS, FEMA
By
Lois A. Bowers
Jun 09, 2020
Assisted living communities need $5 billion in emergency relief funding to pay for staffing, testing and personal protective equipment to fight COVID-19, the leaders of the American Health Care Association...
Communities face potential investigation, legal action over $900 COVID-19 fee allegedly charged to residents
By
Kimberly Bonvissuto
Aug 28, 2020
The Michigan Attorney General’s office on Thursday issued a cease and desist letter to 11 senior living communities throughout the state’s Lower Peninsula, along with their parent and management companies,...
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Senior living inquiries, tours and move-ins still down, but trending upward
By
Kimberly Bonvissuto
Jun 05, 2020
Consumer inquiries, tours and move-ins to senior living communities still remain at lower levels than last year, but the industry generally is seeing encouraging signs as some COVID-19-related restrictions...
Biden lays out a ‘path out of the pandemic,’ but senior living says it’s a ‘path toward bankruptcy’
By
Kimberly Bonvissuto
Sep 10, 2021
President Biden late Thursday laid out a six-point COVID-19 action plan to combat the virus and protect the economy, but one senior living association executive called it “a path toward bankruptcy”...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Report puts senior living on hot seat for requesting immunity from COVID-19 lawsuits
By
Kimberly Bonvissuto
Jun 12, 2020
Senior living and care providers found themselves on the hot seat with the release of a new report from a national consumer advocacy organization that has the support of a U.S. senator and takes several...