Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Fitch Ratings lowers REIT sector outlook to ‘deteriorating’
By
Kathleen Steele Gaivin
Jun 07, 2023
Factors such as tightening of commercial real estate lending conditions, higher interest rates and macroeconomic headwinds led Fitch Ratings to reduce its 2023 outlook for the real estate investment trust...
Perkins Eastman is newest resource partner for university retirement community website
By
Kathleen Steele Gaivin
Apr 18, 2024
Perkins Eastman has signed on as a resource partner with UniversityRetirementCommunities.com.
Former nursing director able to embezzle $420,000 after computer access not cut off when she was fired
By
Kimberly Bonvissuto
Jan 18, 2023
A senior living community nursing director was able to embezzle thousands of dollars from her former employer after being fired, in part because the community did not immediately disable her access to...
Future of senior living requires new blueprint: panel
By
Kimberly Bonvissuto
Nov 08, 2023
CHICAGO — What happens when you invite a group of senior living CEOs to share personal plans for their third acts? For architectural firm Perkins Eastman, the result was a think tank of experts who defined...
Proposed rule includes notification requirement for tenants prior to eviction from HUD-assisted residences
By
Kathleen Steele Gaivin
Dec 06, 2023
The Department of Housing and Urban Development recently issued a proposed rule that would require 30-day notifications to evict tenants from HUD-assisted residences for defaulting on their rent.
‘COVID hangover’ helps push healthcare company bankruptcies up 84 percent year over year
By
Kathleen Steele Gaivin
Jan 19, 2023
Bankruptcies in the healthcare industry — including those in senior living and care settings — increased by 84% in 2022, primarily driven by a “COVID hangover,” according to a new report by Gibbins...
New Jersey joins other states in lifting pandemic-related requirements for assisted living
By
Kimberly Bonvissuto
Jun 16, 2023
COVID-19 vaccination requirements for assisted living and healthcare employees have been lifted in New Jersey following recent changes to federal requirements surrounding the pandemic.
Promising Alzheimer’s drug results hailed as ‘major milestone’
By
Kimberly Bonvissuto
Sep 29, 2022
An investigational drug showing promise in reducing cognitive decline in early Alzheimer’s disease is being hailed as having potential to “change the course” of the disease.
Medical wellness devices expected to exceed $73B by 2033: report
By
John Roszkowski
May 08, 2023
The medical wellness device market in the U.S. has experienced tremendous growth over the past decade and even greater growth is expected over the next 10 years, according to a new report.