Senior living investors anticipate rising cap rates over next year, survey shows
By
Kathleen Steele Gaivin
Jul 20, 2022
More than 71% of investors expect rising interest rates and other pressures to push capitalization rates up over the next 12 months. That’s according to respondents in the ninth annual Wealth Management...
Improve job quality to improve staffing issues, report authors state
By
Lois A. Bowers
Sep 06, 2016
Improving pay, benefits and working conditions in long-term care will be critical to attracting and keeping workers to meet demand in a tightening labor market, according to the Paraprofessional Healthcare...
Type A and C contracts increasing in popularity with CCRCs
By
Lois A. Bowers
Apr 13, 2017
Type A and C entry-fee contract use has become more common in continuing care retirement communities over the past 10 years, whereas type B contract and rental agreement use has become less common, according...
Long-term care lending increases in second half of 2021: survey
By
Kathleen Steele Gaivin
Mar 22, 2022
Lending to long-term care providers picked up in the second half of 2021, according to results of a Ziegler / National Investment Center for Seniors Housing & Care lending survey released Friday.
Home care is losing employees to retail, restaurants
By
Kathleen Steele Gaivin
Sep 28, 2022
As the oldest members of the baby boomer generation age, many of them want to age in their own homes. At the same time, low-wage home care workers are finding easier jobs with equal or better pay in retail...
Fate of minimum wage, sick leave changes uncertain after legislature vote
By
Lois A. Bowers
Dec 10, 2018
The fate of minimum wage and sick leave changes passed by the Michigan legislature Dec. 4 is uncertain, as it remains to be seen whether outgoing Michigan Gov. Rick Snyder (R) will sign them into law,...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Bill would let people tap retirement accounts for long-term care insurance
By
Lois A. Bowers
Dec 03, 2019
Individuals would be allowed to withdraw up to $2,000 per year from their retirement accounts, tax-free, to pay for long-term care insurance to fund long-term services and supports under a bill proposed...
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
Defenseless spending
By
John O'Connor
Dec 16, 2021
The hurdles to getting coronavirus relief stand in sharp contrast to the way lawmakers are tossing billions at defense contractors and other makers of industrial-grade weaponry.