Employees at Friendship Retirement Community have an even greater incentive to pick up an extra shift or two this month. Learn more, and see how you can submit your photos!
Assisted living pioneer celebrates 50 years
By
Amy Novotney
May 18, 2022
Christian Living Communities is celebrating the 50-year anniversary of its founding this month. Read more, and find out how to submit your photos!
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Senior housing construction recovery likely to be slower than most commercial real estate sectors: report
By
Amy Novotney
Mar 05, 2021
After weathering an extremely volatile year, 2021 is expected to bring more stability to the construction industry, but recovery within senior housing is likely to take longer than other sectors as a result...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
Business briefs for Thursday, Sept. 17
Sep 17, 2020
Occupancy within New Senior Investment Group portfolio declined 0.5% in August to reach 83.9%, according to new company presentation … Fed to keep interest rates near zero, likely until at least...
Business briefs for Friday, Aug. 28
Aug 29, 2020
New Fed approach to inflation could keep interest rates low for even longer … Monticello provides $2M in working capital financing for Wisconsin SNF portfolio … Cedarhurst Senior Living opens new community...
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...
Economy’s path depends on course of the virus: Fed
By
Amy Novotney
Jul 30, 2020
Business executives, including those within the seniors housing industry, likely can expect additional help from the Federal Reserve as the COVID-19 pandemic continues to take its toll on the nation’s...