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.
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Financing, interest rates top concerns among senior housing investors: survey
By
Kathleen Steele Gaivin
Oct 24, 2023
The availability of financing and increasing interest rates are the top concerns among senior housing investors, according to poll results shared in Partner Valuation Advisors’ US Seniors Housing 2023...
Senior housing and care M&A activity drops in third quarter
By
Kathleen Steele Gaivin
Oct 18, 2023
Merger and acquisition activity in senior living and care dropped to 115 publicly announced deals in the third quarter compared with 120 known transactions in the second quarter, according to information...
Business briefs, Oct. 18
By
Kathleen Steele Gaivin
Oct 18, 2023
Understaffing is driving force behind lawsuits against long-term care providers, legal experts say … FHA expands access to mortgage financing for homes with ‘granny flats’ … Medicare A and B premiums...
Lack of emergency savings No. 1 stressor for US workers
By
Kathleen Steele Gaivin
Oct 13, 2023
Emergency savings ranks as the major savings goal for US workers, according to new research by Fidelity Investments.