National Tenants Bill of Rights lays out ‘essential rights’ for older adult and other renters
By
Kimberly Bonvissuto
Jun 26, 2024
A National Tenants Bill of Rights could equip the nation’s 114 million renters — among them affordable senior housing residents — with a new tool against housing instability, harassment, eviction...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Focus Healthcare Partners raises $370M in new fund targeting senior living investment
By
Kathleen Steele Gaivin
Jun 26, 2024
Focus Healthcare Partners has completed the final closing of its Focus Senior Housing Fund II, raising $370 million, the Chicago-based real estate investment and asset management firm announced last week.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Business briefs, June 26
By
Kathleen Steele Gaivin
Jun 26, 2024
Addition of senior housing to data collection warehouse adds transparency, capital to sector … National s tenants bill of rights introduced … Margaritaville retirement community turns 6 … Fitch...
Concerns of Listeria contamination prompt nationwide ice cream recall
Jun 25, 2024
Listeria monocytogenes can cause serious and sometimes fatal infections in frail or elderly people as well as young children.
For the first time since the pandemic, pedestrian death rates fall in the US
Jun 25, 2024
Rates are still above prepandemic levels, however.
Cannabis use tied to risk of COVID-19 hospitalizations, ICU admissions
Jun 25, 2024
The findings persisted even after considering cigarette smoking, vaccination status, comorbidities and other risk factors.
Senior living operator opens state’s first elder abuse sanctuary, part of a growing network
By
Kimberly Bonvissuto
Jun 25, 2024
With statistics showing that one in 10 older adults in the United States is a victim of elder abuse, Delaware is joining a growing network committed to sheltering those victims and helping them on the...
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...