Senior living oversupply means $20 billion in capital not earning returns: NIC speakers
By
Lois A. Bowers
Sep 27, 2017
Oversupply in senior living means that almost $20 billion in capital is not earning returns in the marketplace, two speakers told those attending a Tuesday afternoon session at the National Investment...
DOJ: New task force efforts not limited to nursing homes
By
Lois A. Bowers
Mar 30, 2016
The 10 regional Elder Justice Task Forces announced by the Department of Justice on March 30 will focus on pursuing nursing homes that provide “grossly substandard” care to their residents,...
Holiday management transition hurting occupancy, New Senior says
By
Lois A. Bowers
May 07, 2017
Holiday Retirement’s transition from live-in property managers to more traditional executive directors has negatively affected occupancy at its communities, New Senior Investment Group executives...
Kramer: NIC transition will ‘focus my passion’
By
Lois A. Bowers
Jun 30, 2017
As Robert Kramer prepares to pass the CEO baton to Brian Jurutka at the National Investment Center for Seniors Housing & Care, both discuss the organization’s past and future in this exclusive interview.
Assisted living owner to pay residents $3.35 million to close building
By
Lois A. Bowers
Jun 02, 2016
The owner of a Brooklyn, NY, assisted living building will pay its five remaining residents $533,333 each to vacate the premises by Aug. 31 and also will pay the estates of 11 former residents.
Alligator attack suspected in senior living resident death
By
Lois A. Bowers
Aug 02, 2016
A South Carolina senior living community resident has died after apparently being attacked by an alligator. And the incident is not the first one in the United States this year involving a senior living...
Proposed $4.1 trillion budget has several senior housing and care provisions
By
Lois A. Bowers
Feb 09, 2016
President Barack Obama has released his $4.1 trillion federal budget proposal for fiscal year 2017, and it contains several provisions related to senior housing and care.