Nonprofits seeing most growth in expansions and affiliations: Ziegler
By
Amy Novotney
Sep 24, 2020
Affiliations and acquisitions are far surpassing new developments within the nonprofit senior living sector, and that trend is likely to continue. That’s according to speakers at the opening session...
Fed study: More firms cutting investments and payouts during pandemic than last recession
By
Amy Novotney
May 07, 2020
Last month’s earnings calls – some of the first to occur since the global coronavirus began – pointed to financing fears throughout corporate America that far exceeded the 2008 crisis, according...
Main Street Lending program off to sluggish start
By
Amy Novotney
Jul 02, 2020
More than two weeks ago, the Federal Reserve launched its long-awaited $600 billion Main Street Lending Program, designed to help small and midsize businesses weather the coronavirus-induced recession....
Business briefs for Monday, Dec. 21
Dec 21, 2020
Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...
Biden proposes $1.9T COVID-19 stimulus plan to speed up vaccinations, increase minimum wage and unemployment...
By
Amy Novotney
Jan 19, 2021
President-elect Joe Biden detailed the first of two relief proposals at a speech in Delaware Thursday evening.
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Most small businesses likely to exhaust PPP money by August: study
By
Amy Novotney
Jul 16, 2020
A survey of more than 1,500 small business owners who took advantage of the Small Business Administration’s Paycheck Protection Program has found that most will run out of money by the first week in...
Could senior living face long-term financial problems due to COVID-19?
By
Amy Novotney
Apr 17, 2020
Senior living communities are facing grave uncertainty amidst the novel coronavirus pandemic, according to a story Thursday.
Retiree relocations drop dramatically; TN top destination among those who move
By
Amy Novotney
Nov 30, 2021
More than 3 million Americans retired earlier than planned as a result of the COVID-19 pandemic, according to recent research. As a result, you’d expect the number of retirees relocating for retirement...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...