AHCA/NCAL launches resource guide for COVID-19 grants and loans
By
Amy Novotney
Apr 30, 2020
The American Health Care Association/National Center for Assisted Living has developed a resource guide for operators. The tool will help users better manage options to grants and loan programs during...
Nursing homes continue fight for legal immunity
By
Amy Novotney
May 27, 2020
Nineteen states have granted nursing homes new immunity from civil liability either by executive order or statute, according to a report in TheHill Monday.
LTC defers, abates about $3.7M in rent as tenant Abri Health Services/Senior Care Centers files for Chapter...
By
Amy Novotney
Apr 21, 2021
LTC Properties has granted more than $3.6 million in rent deferrals since the beginning of the year, according to a company update released Monday.
HUD implements multifamily mortgage payment relief during pandemic
By
Amy Novotney
Apr 15, 2020
As a result of the ongoing global pandemic, the Department of Housing and Urban Development last week introduced new mortgage payment relief guidance under the CARES Act. The measure targets borrowers...
Empty hotels could help senior living operators increase bed capacity, address infection control challenges
By
Amy Novotney
Apr 23, 2020
As senior living operators look to reduce the pandemic’s impact, one partial solution may be available in currently empty hotels, according to Grant Warner, principal at Dallas-based D2 Architecture.
Almost $50 million in COVID-19 aid headed to Georgia assisted living communities
By
Amy Novotney
Mar 15, 2022
Approximately $47 million in grants will be doled out to assisted living communities and personal care homes with 25 beds or more. Facilities can apply for up to $100,000 to assist with securing COVID-19...
Business briefs for Monday, June 1
Jun 01, 2020
Argentum: Impact of COVID-19 on senior living could be $50 billion … House passes bill extending PPP forgiveness deadline and adjusts how much must be use for payroll expenses … U.S. mortgage applications...
Treasury Department says PPP forgiveness to begin by next week
By
Amy Novotney
Oct 01, 2020
The Treasury Department said Tuesday it would begin forgiving loans granted to small-business owners under the Paycheck Protection Program, following banks’ and borrowers’ complaints that the process...
Business briefs for Thursday, July 16
Jul 16, 2020
Here’s what to expect in the next stimulus bill, which could be introduced as early as next week … Ohio county receives $100,000 Alternative and Clean Energy Program grant to develop seniors housing...
Business briefs for Wednesday, Nov. 18
By
Amy Novotney
Nov 18, 2020
Welltower, NHI provide business updates around October rent collection, occupancy … New Hampshire reinstates extra weekly stipend for nursing home workers until end of 2020 … Financial services firm...