Pandemic hurting retirement security: GAO … Two former SNF leaders to face criminal charges after nearly 80 residents died of COVID-19 … Ziegler closes $47.8M in Series 2020A and 2020B bond financing...
Lancaster Pollard: Multiple funding sources emerging for the senior living sector
By
Amy Novotney
Apr 23, 2020
Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published...
Business briefs for Thursday, Jan. 7
Jan 07, 2021
Hourly minimum wage reaches or surpasses $15 in 20 states in 2021 … Almost 60% of Americans withdrew or borrowed money from a retirement account during pandemic: study … Job recovery for women within...
Seattle life plan community shifts from communal dining to food court model
By
Amy Novotney
Aug 21, 2020
When the COVID-19 pandemic began, Seattle-based nonprofit life plan community Bayview — like many other seniors housing operators — quickly went from vibrant hustling and bustling dining rooms...
Two senior living companies introduce new brand: Ativo Senior Living; first community under construction
By
Amy Novotney
Aug 17, 2020
Senior living companies Link Senior Development and Insight Senior Living have partnered to develop a new luxury senior living brand called Ativo Senior Living.
Documentation key in avoiding COVID-19 employment and wrongful death lawsuits
By
Amy Novotney
Jan 22, 2021
As of Wednesday, more than 8,000 COVID-19-related complaints have been filed across the United States, according to a national lawsuit tracker by international law firm Hunton Andrews Kurth. Although many...
HUD implements multifamily mortgage payment relief during pandemic
By
Amy Novotney
Apr 15, 2020
As a result of the ongoing global pandemic, the Department of Housing and Urban Development last week introduced new mortgage payment relief guidance under the CARES Act. The measure targets borrowers...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Analysts tout larger units, more amenities and urban locations
By
Amy Novotney
Jul 20, 2020
To meet the anticipated demand from baby boomers, senior housing developers should focus on increasing the average unit size in their projects and adding a greater number of amenities. That’s according...
Kentucky SNFs expect to lose at least 11% of workforce due to vaccine mandate
By
Amy Novotney
Sep 07, 2021
Leaders from Kentucky’s long-term care industry implored state lawmakers Thursday to provide more support for its bruised and battered workforce.