Draft bill contains $2.5 billion for affordable senior housing; HUD announces millions in COVID relief...
By
Kimberly Bonvissuto
Apr 16, 2021
A draft bill in the House of Representatives includes LeadingAge’s request for $2.5 billion for new affordable senior housing.
Pace of move-ins accelerates across senior living, skilled nursing: NIC
By
Kathleen Steele Gaivin
May 08, 2023
The share of operators reporting an acceleration in the pace of move-ins in the past 30 days has increased across all care and service segments, according to the results of the latest Executive Survey...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
White House recognizes assisted living’s ‘critical importance’ as aging services provider
By
Kimberly Bonvissuto
May 05, 2021
An announcement from the federal government about the release of $1.4 billion in funding from the American Rescue Plan for programs affecting older adults for the first time acknowledges assisted living...
Business model helps Capital Senior Living avoid some problems, CEO says
By
Lois A. Bowers
Nov 01, 2016
A business model focused on owned, private-pay assets in markets with high barriers to entry and little construction, as well as a decision not to offer healthcare ancillary services, are positioning Dallas-based...
With no targeted relief on horizon, Argentum seeks various avenues of financial support for senior living
By
Kimberly Bonvissuto
Apr 28, 2022
With no apparent additional targeted COVID-19 financial relief on the horizon for the assisted living industry, Argentum is continuing its push to have providers included in proposed relief packages for...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...
Even amid pandemic, now may be time to refinance, says senior housing real estate expert
By
Amy Novotney
Mar 05, 2021
Senior living borrowers looking to invest in a new project, provide funds for a capital improvement or even just to improve their debt service commitment or liquidity position may want to consider taking...
$3 million Medicaid reimbursement bump a ‘lifesaver’ for some assisted living providers
By
Kimberly Bonvissuto
Jul 28, 2021
A temporary 25% Medicaid reimbursement rate bump is being called a “lifesaver” for some assisted living providers, according to New Jersey senior living associations.
COVID blurs lines between sectors, holds lessons for operators: NIC panel
By
Kathleen Steele Gaivin
May 27, 2021
Some lines among skilled nursing facilities and assisted living, memory care and independent living communities have become blurred in the era of COVID-19, according to panelists at Wednesday’s Leadership...