Social Security COLA predicted to be lowest in 4 years
By
Kathleen Steele Gaivin
Sep 16, 2024
Slowing inflation means that Social Security beneficiaries will see the lowest cost-of-living adjustment since 2021, according to experts.
Immigration reform needed to beef up care workforce: LeadingAge
By
Kathleen Steele Gaivin
Sep 12, 2024
Immigration reform is needed to bring more foreign-born care workers to the United States, legally, to help resolve long-standing workforce shortages, according to a report published Wednesday by LeadingAge.
Higher interest rates haven’t completely deterred senior living investors
By
Kathleen Steele Gaivin
Sep 09, 2024
Higher interest rates have not necessarily hampered senior living investments, according to Cambridge Realty Capital Senior Vice President Brent Holman-Gomez.
Employer job creation slows for fifth consecutive month, ADP finds
By
Kathleen Steele Gaivin
Sep 06, 2024
The labor market continued to cool last month, and job creation among private employers slowed for the fifth straight month, according to the monthly ADP National Employment Report Economy Lab report released...
Digital brokerage firm Offerd expands into senior living market
By
Kathleen Steele Gaivin
Sep 05, 2024
Digital brokerage firm Offerd has expanded into the senior living market, the Austin, TX-based company announced Wednesday.
New federal staffing mandate poses greater challenge in some states, Altarum reports
By
Kathleen Steele Gaivin
Aug 26, 2024
Staffing challenges have been prevalent in nursing care since the pandemic, and a federal minimum staffing rule coming down the pike could have a negative impact on some facilities. A recently published...
Soaring material prices and interest rates driving up construction costs: report
By
Kathleen Steele Gaivin
Aug 23, 2024
Costly materials and high interest rates are impacting senior living construction projects nationwide, according to a recent analysis from consulting company Plante Moran.
Senior living construction booms 11 percent, fueled by surging demand
By
Kathleen Steele Gaivin
Aug 21, 2024
Senior living construction has surged 11% since last summer, with public sector projects outpacing the private sector in the first half of the year.
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
Sonida Senior Living to expand footprint via $103 million purchase of 8-community portfolio
By
Kathleen Steele Gaivin
Aug 19, 2024
Sonida Senior Living will acquire eight senior living communities in the Southeast in a $103 million transaction, the Dallas-based owner-operator announced Thursday. The news follows the company’s previous...