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.
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Americans are tapping retirement nest eggs to pay for everyday, emergency expenses
By
Kathleen Steele Gaivin
Nov 30, 2023
Working-age Americans are tapping into retirement nest eggs to pay for everyday expenses, according to recent data from Fidelity Investments. Consequently, many are falling short in their retirement goals.
Biden looks to boost supply chain for vaccines and other medicines
By
Kathleen Steele Gaivin
Nov 29, 2023
President Biden on Monday said he plans to use the Defense Production Act to make more “essential medicines” in America in an effort to mitigate drug shortages and curb inflation.
Employer-sponsored health insurance cost up 7 percent year over year
By
Kathleen Steele Gaivin
Nov 21, 2023
The cost of employer-sponsored health insurance plans is increasing both for employers and employees, according to recent studies.
New jobless claims reach three-month high
By
Kathleen Steele Gaivin
Nov 20, 2023
Initial filings for unemployment for the week rose to 231,000 for the week ending Nov. 11. That’s an increase of 13,000 from the previous week and a three-month high for new claims, according to data...
1031 Crowdfunding launches Covenant Senior Housing REIT with $51.3M in assets
By
Kathleen Steele Gaivin
Nov 14, 2023
1031 Crowdfunding has launched its first private real estate investment trust, Covenant Senior Housing REIT Inc., or CSHREIT, the company announced Thursday.
Business briefs, Nov. 14
By
Kathleen Steele Gaivin
Nov 14, 2023
DOL shares FLSA measures, compliance requirements for Southeast caregivers … Experts urge Congress to reauthorize National Advisory Committee for Seniors and Disasters … White House expands no-cost...
Americans underestimate need to save for long-term care
By
Kathleen Steele Gaivin
Nov 13, 2023
An alarming rate of Americans underestimate the need for long-term care funds while saving for retirement, according to the results of two independent surveys.