Brookdale reports 23 consecutive months of occupancy growth … Sonida optimistic for near-term outcomes, with ‘significant momentum’ heading into Q4 … HUD funding amendments concern senior living...
HUD releases $40 million in funding for service coordinators
By
Kathleen Steele Gaivin
Dec 15, 2023
The Department of Housing and Urban this week released $40 million in new funding for service coordination programs in affordable senior housing.
FHA announces assistance option for seniors who are behind on property charges with reverse mortgages
By
Kathleen Steele Gaivin
Dec 19, 2022
The Federal Housing Administration announced Thursday a new assistance option for older adults who have fallen behind on property charges on reverse mortgages due to the impact of the COVID-19 pandemic.
7 percent of long-term care municipal bonds are in default: report
By
Kathleen Steele Gaivin
May 24, 2023
Seven percent of senior living and care-related municipal bonds are in default, compared with a default rate of less than 1% for all state and local government debt, Bloomberg reported Monday.
Employment of people with disabilities reaches all-time high
By
Kathleen Steele Gaivin
Sep 11, 2023
The employment-to-population ratio for people with disabilities has never been better, according to a semi-monthly report issued by Kessler Foundation and the University of New Hampshire’s Institute...
Benchmark Senior Living says ‘welcome home’ with new campaign
By
Kathleen Steele Gaivin
Jun 29, 2023
Waltham, MA-based Benchmark Senior Living has launched “Welcome Home,” a new advertising campaign meant to highlight the provider’s efforts to make residents feel at home at Benchmark’s 60 independent...
Actions & Transactions, Aug. 14
By
Kathleen Steele Gaivin
Aug 14, 2023
Omega enters into $400M senior unsecured term loan … National Church Residences debuts $30M independent living community in Columbus, OH … Affordable senior housing property opens in Charlotte, NC...
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
Feds target Medicare Advantage scam advertising
By
Kathleen Steele Gaivin
Dec 16, 2022
The Centers for Medicare & Medicaid Services is taking steps to protect consumers from scams or misleading ads for Medicare Advantage plans that target older adults. A proposed rule would ban ads that...
25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...