Life plan communities face uncertainty as pandemic continues
By
Amy Novotney
May 14, 2020
Most Fitch-rated continuing care retirement / life plan communities have longer operational histories and stronger financial profiles than their unrated peers, putting them in a better position to manage...
Business briefs for Friday, May 1
By
Amy Novotney
May 01, 2020
Healthpeak announces quarterly dividend of $0.37 per share … Bloomberg: Here’s what small businesses need to know to get relief during COVID-19 … NIC publishes COVID-19 Reach Tracker to help give...
Department of Labor announces virus-related liability protections in light of executive order
By
Amy Novotney
Apr 29, 2020
In a move that may provide leverage in the battle for legal immunity for long-term care providers, the Department of Labor released a statement Tuesday providing some liability protections for meat industry...
Healthcare REITs down nearly 31% this year, doubling the overall REIT market
By
Amy Novotney
Apr 27, 2020
In what appears to be a pretty grim statistic for the senior housing industry, healthcare real estate investment trusts are down 31% year to date, based on data from the FTSE Nareit U.S. Real Estate Index...
Lancaster Pollard: Multiple funding sources emerging for the senior living sector
By
Amy Novotney
Apr 23, 2020
Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published...
HUD implements multifamily mortgage payment relief during pandemic
By
Amy Novotney
Apr 15, 2020
As a result of the ongoing global pandemic, the Department of Housing and Urban Development last week introduced new mortgage payment relief guidance under the CARES Act. The measure targets borrowers...
Hiring frenzy: Brookdale and other senior living operators seek to address labor shortage with displaced...
By
Amy Novotney
Apr 09, 2020
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates...
Labor Department excludes senior living from COVID-19 relief bill’s paid leave requirement
By
Amy Novotney
Mar 29, 2020
The Department of Labor released updated questions and answers regarding the Families First Coronavirus Response Act Saturday, and provided guidance categorizing senior living providers as “health care...
Wall Street took another hit Monday despite a historic commitment by the Federal Reserve to buy as much government-backed debt as needed to keep financial markets functioning. The central bank unrolled...
Analyst: Senior housing worth ‘more than zero’
By
Amy Novotney
Mar 22, 2020
The coronavirus pandemic continued to upset the U.S. real estate sector last week, with no property type left untouched — even those that investors considered safe in normal times, according to a report...