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...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...