‘Alarming’ legal opinion could be ‘detrimental’ to senior living project financing, leaders say
By
Kimberly Bonvissuto
Aug 16, 2024
An “alarming” legal opinion affecting a federal loan program popular with senior living and care organizations could have a “detrimental” effect on maintaining senior living communities and other...
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Pandemic not dampening desire for luxury retirement living
By
Lois A. Bowers
Apr 21, 2020
A pandemic is not preventing Moorings Park Grande Lake in Naples, FL, from opening and continuing to attract interest. “We have closed over $77 million in sales during the last two weeks,” a Moorings...
Older adults’ location preferences similar to general population until they reach their 80s
By
Lois A. Bowers
Apr 17, 2023
Adults aged 75 or more years — often the point at which senior living providers start thinking of them as prospective residents — generally are attracted to the same destinations to live as people...
Senior living construction costs continue to rise due to labor shortage
By
Lois A. Bowers
Jan 22, 2017
A labor shortage in the construction industry is one of the driving factors behind continued inflation for senior living construction projects in every region of the country, according to a new brief prepared...
Construction costs up but contractor backlog down: ASHA brief
By
Lois A. Bowers
Mar 10, 2021
The cost of construction materials is up, due to “significant” swings in commodity pricing, and additional increases are expected in the spring, according to a new issue brief for the American Seniors...
Senior living takes lead in COVID-19 vaccination mandates, holds breath on workforce effects
By
Kimberly Bonvissuto
Sep 02, 2021
The senior living industry is leading corporate America in mandating COVID-19 vaccination, according to the Wall Street Journal.
Industry mourns senior housing and care veteran Tony Mullen, NIC co-founder
By
Lois A. Bowers
Mar 14, 2018
Senior living industry leaders are remembering Anthony James “Tony” Mullen as a trailblazing, passionate advocate of seniors housing and care as well as a good friend. Mullen died Saturday...
Hands off $20 billion in Provider Relief Fund, senior living industry tells policymakers
By
Kimberly Bonvissuto
Jul 23, 2021
As a group of bipartisan negotiators in Congress moves closer to finalizing a deal over the $1.2 trillion infrastructure package, senior living groups are sounding the alarm that the agreement might come...
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...