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.
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.
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...
‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
By
Kathleen Steele Gaivin
Aug 01, 2024
Brockway, PA-based Guardian Healthcare has filed for Chapter 11 bankruptcy protection.
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
Wage inflation is a continued headwind for CCRCs, SNFs
By
Kathleen Steele Gaivin
Jun 13, 2023
Wage inflation remains a headwind continuing care retirement / life plan communities and skilled nursing facilities, according to Fitch Ratings in its latest about the sector
Capital markets continue to be challenged by inflation, interest rates
By
Kathleen Steele Gaivin
Jun 23, 2023
The capital markets landscape continued to face headwinds from persistent inflation and rising interest rates throughout the first half of 2023, Berkadia CEO Justin Wheeler said Wednesday during a webinar...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
‘Two markets’ affecting senior living investments: NIC
By
Kathleen Steele Gaivin
Feb 22, 2023
“It’s a tale of two markets and many influencing factors as we move further into 2023,” National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace wrote Tuesday in a...