Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
Senior living M and A drops in 1Q to lowest since 2021
By
Kathleen Steele Gaivin
Jun 08, 2023
Mergers and acquisition activity slowed to approximately 32 transactions per month in the first quarter of 2023. This marks the lowest M&A activity the senior living industry has seen since 2021, according...
Nursing home, home health fast-growing health spending categories
By
Kathleen Steele Gaivin
May 26, 2023
Healthcare prices increased in April by 3.4% year over year despite slowing inflation, representing the fastest overall healthcare price growth since December 2007. That’s according to Altarum’s monthly...
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Senior living and care liability insurance rates stabilizing, but decreases not expected any time soon
By
Kathleen Steele Gaivin
May 02, 2023
Owners and operators of senior living and care facilities and communities are expected to see some deceleration in rate increases for liability coverage, according to a recent survey from Willis Towers...
Low-wage workers experience historically fast wage growth: report
By
Kathleen Steele Gaivin
May 01, 2023
Low-wage workers experienced wage growth of 9% between 2019 and 2022. That’s a historically fast real wage growth over the three-year span, especially in a period of economic inflation, according to...
Some independent living providers raise entrance fees by double digits
By
Kathleen Steele Gaivin
Apr 13, 2023
Some senior living providers are increasing entrance fees and monthly fees for their independent living residents. That’s according to the results of a new CFO Hotline survey by speciality investment...
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
American Healthcare REIT expands senior housing and care segments by $254 million
By
Kathleen Steele Gaivin
Mar 22, 2023
American Healthcare REIT expanded its portfolio, recast its credit facility and filed a registration statement for a proposed common stock offering in 2022, the Irvine, CA, real estate investment trust...