Senior living lending increases as investors adjust to changing capital market
By
Kathleen Steele Gaivin
Feb 23, 2024
The issuance of new permanent debt for senior living increased during the third quarter of 2023, according to a lending trends report released by NIC Analytics.
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.
Report suggests market opportunities for senior living
By
Kathleen Steele Gaivin
Dec 19, 2023
Conventional wisdom that care at home is less costly than assisted living is not necessarily true anymore, according to a recent report from the Joint Center for Housing Studies of Harvard University and...
HUD announces $42.5 energy benchmarking initiative for affordable housing providers
By
Kathleen Steele Gaivin
Dec 14, 2023
A new Energy and Water Benchmarking initiative for owners of affordable housing properties is funded with $42.5 million through the Inflation Reduction Act.
Watermark to terminate management contracts with 7 Legacy properties in New York
By
Kathleen Steele Gaivin
Dec 05, 2023
Tucson, AZ-based Watermark Retirement Communities filed a Worker Adjustment and Retraining Notification (WARN) Thursday with the state of New York, announcing the termination of management contracts with...
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
CCRC operating profitability ratios improve, but margins drop
By
Kathleen Steele Gaivin
Oct 20, 2023
Continuing care retirement / life plan communities saw an increase in operating profitability ratios in 2022, but operating margins declined due to stock market performance, Ziegler Managing Director Amy...
Pennant Group CEO: Senior living segment makes ‘remarkable progress’
By
Kathleen Steele Gaivin
Aug 10, 2023
The Pennant Group’s senior living segment “made remarkable progress” in the second quarter, CEO Brent Guerisol said Wednesday on the company’s latest earnings call.
Senior living marketing agency Attane abruptly closes, a victim of industry’s slow pandemic rebound
By
Kathleen Steele Gaivin
Jul 27, 2023
Kansas City, MO, senior living marketing agency Attane on Monday unexpectedly announced its immediate closure, an apparent victim of the COVID-19 pandemic. The news leaves approximately 100 employees looking...
New merger guidelines would consider competition, market concentration
By
Kathleen Steele Gaivin
Jul 24, 2023
New merger guidelines proposed by the Federal Trade Commission and the Department of Justice are meant to consider the intricacies of the modern economy, such mergers that are part of a series of multiple...