Americans would have difficulty paying for a year of long-term care: survey
By
Kathleen Steele Gaivin
Nov 22, 2023
The majority of adults say that it would be “impossible” or “very difficult” to pay for long-term care, according to the results of a survey by KFF, published last week.
BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...
Actions & Transactions, Nov. 21
By
Kathleen Steele Gaivin
Nov 21, 2023
MassHousing provides $6.2 million for refinancing of Sandwich, MA, affordable senior housing complex … United Church Homes acquires Ohio Living’s Vineyard on Catawba in Port Clinton, OH … Penrose,...
Not-for-profit senior living and care transitions set record in 2023: Ziegler
By
Kathleen Steele Gaivin
Nov 16, 2023
Transitions in ownership or sponsorship among not-for-profit senior living and care providers reached an all-time high in 2023, according to an update released this week from Ziegler.
Bankruptcy filings trend up, with long-term care still showing ‘substantial distress’
By
Kathleen Steele Gaivin
Nov 16, 2023
Chapter 11 bankruptcy filings in the healthcare industry, including those in long-term care, have trended upward in the third quarter, according to the Polsinelli-TrBK Distress Indices Report. Healthcare...
Senior living and care a ‘study of paradox,’ expert says
By
Kathleen Steele Gaivin
Nov 15, 2023
Senior living and care today “is in many ways a study of paradox,” Aaron Becker, head of seniors housing and healthcare production at Lument, said Wednesday during a webinar sponsored by the commercial...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
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...