$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
More news for Wednesday, July 3, 2024
By
Kimberly Bonvissuto
Jul 03, 2024
Sonida Senior Living acquires 9 communities, to manage 2 more … FDA approves donanemab treatment for early Alzheimer’s disease … House subcommittee advances proposal to cut HUD funding by 7% …...
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
AI could open doors to advances in care, operations in senior living
By
Kimberly Bonvissuto
Jul 01, 2024
Aging services organizations already are using artificial intelligence, whether or not they realize it, a panel of experts said Thursday.
Building a ‘destination workplace’ in long-term care requires diverse investments, active listening...
By
Josh Henreckson
Jun 28, 2024
Faced with today’s complex array of financial, staffing and regulatory challenges, senior living and other long-term care providers across the care continuum must rely on an equally broad range of solutions,...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
It’s a sellers’ market for prospective senior living residents: report
By
Kimberly Bonvissuto
Jun 21, 2024
As home resale values continue to be strong and the time period to sell a home remains short, now is a good time for prospective senior living residents to consider selling their homes, according to a...
Sen. Casey calls out A Place for Mom over ‘potentially deceptive business practices’
By
Kimberly Bonvissuto
Jun 20, 2024
After having its “trusted advisory service” tagline called into question last month by the Washington Post, senior living referral service A Place for Mom now is the target of US Sen. Bob Casey (D-PA),...
Kendal CEO Vassar Byrd discusses Kendal, her previous position and ‘some really fun things’
By
Lois A. Bowers
Jun 24, 2024
New Kendal Corp. CEO Vassar Byrd recently spent a few minutes with McKnight’s Senior Living discussing her professional roles, her love of dragon boat racing, and how the those two worlds could overlap.
Researchers implore policymakers to consider assisted living’s ‘unique’ structure before potentially...
By
Kimberly Bonvissuto
Jun 20, 2024
A team of researchers embarking on a four-year study into understanding the characteristics of assisted living communities that are targets for private equity investment — and how those acquisitions...