Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
Fed interest rate hikes begin to weigh on commercial investors, experts say
By
Kathleen Steele Gaivin
Sep 23, 2022
The Federal Reserve’s rising interest rates are starting to weigh on commercial real estate investors, Marcus & Millichap reported, although transaction activity was at an above-average pace through...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
59 percent of adult children cannot afford assisted living, home care for parents: survey
By
Kathleen Steele Gaivin
Aug 10, 2022
Fifty-nine percent of adults aged 40 to 55 who have parents said they will not be able to pay for in-home nursing care or life at an assisted living community for them
LTC Properties, PruittHealth joint venture buys 3 Florida SNFs for $62 million
By
Kathleen Steele Gaivin
Sep 13, 2022
LTC Properties announced Monday a $62 million joint venture with Norcrorss, GA-based PruittHealth to buy three skilled nursing facilities in northern Florida. PruittHealth is a new partner for the Westlake...
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
60 percent of ‘culture change’ nursing homes able to maintain most measures during pandemic:...
By
Lois A. Bowers
Aug 31, 2022
Many nursing homes that were operating under the principles of culture change before the COVID-19 pandemic have been able to maintain or even expand their efforts to focus on resident quality of life and...