Fed interest rate hikes begin to weigh on commercial investors, experts say
By
Kathleen Steele Gaivin
Sep 23, 2022
The Federal Reserve’s rising interest rates are starting to weigh on commercial real estate investors, Marcus & Millichap reported, although transaction activity was at an above-average pace through...
Americans are facing a “new retirement reality” brought on by economic challenges such as inflation, market volatility, financial crises and fears of bank failures, according to a recently released...
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.
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...
$1M in investable assets won’t cut it in retirement, survey finds
By
Kathleen Steele Gaivin
Oct 19, 2022
Wealthier individuals are preoccupied with their eventual ability to retire comfortably, even if they have $1 million or more in assets, according to data on such US investors from a survey conducted by...
Senior living development interest ‘significantly higher’ this year even as costs rise
By
Kathleen Steele Gaivin
Jun 09, 2022
“The interest in new campus development from senior living providers and developers is significantly higher year over year,” despite commodity and supply chain challenges, rising interest rates and...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Senior living construction backlogs hold steady
By
Kathleen Steele Gaivin
Aug 23, 2023
Backlogs for senior living construction projects are holding steady. Commodity prices have improved for some products, but labor rates continue to increase.