Carrying a strong stigma in India where traditionally, families care for older members of society, senior living and care communities are beginning to take rise, the L.A. Times reports. Still far from senior living options in the U.S. and Canada, the demographic shift in India indicates the new trend may be a lasting one. The […]
Home health care fraud has made national headlines recently with multi-million-dollar fraud busts having taken place in Dallas and the Miami area in the past several months. A hearing held in late April before the Senate Finance Committee addressed the issue and brought a new—albeit old—potential solution to light. While many proposals have been made […]
Real Estate Investment Trusts have been a major player in the senior housing acquisition and finance industry in recent years, having a low cost of capital and funds to invest in the sector. Whether REITs will stick around is another question, as they have comprised the vast majority of transactions over the past two years. […]
Senior living communities are increasingly being asked about pets by potential residents. For as many as 40% of older Americans, it is a strong consideration when they are looking to move into an assisted living or independent living community, according to an Associated Press report citing data from A Place For Mom. While not everyone […]
Where are seniors going after they retire? It’s one question research organization Esri set out to answer in a recent study of America’s changing demographics. In its exploration of real estate and housing preferences for the 55-plus population, and with the help of U.S. Census data, Esri narrowed down the five counties with the highest […]
Many healthcare real estate investment trusts (REITs) began 2012 with a bullish attitude toward RIDEA-structured seniors housing and care deals after seeing a whirlwind of activity for the transactions in 2011. Finding the structure attractive for its ability to offer an upside benefit to both the investor and operator, the outlook looked rosy for RIDEA […]
Financial fraud is increasingly targeting older Americans, with investment values remaining low and the economic downturn having dire effects. It is a rising concern that SEC Commissioner Luis Aguilar raised last week at a retirement summit. Older Americans are more vulnerable now than they have ever been, in light of the economy, a representative for […]
The reverse mortgage borrower of today is getting younger, and the age may be declining even further as a result of the financial stresses of the past four years, according to a study released this week by MetLife’s Mature Market Institute. This new group of borrowers is also using the reverse mortgage in a new […]
The seniors housing market enjoyed a blockbuster year in 2011, with merger and acquisition activity reaching its highest level since the sector’s peak years of 2006 and 2007. The $25 billion worth of transactions were conducted primarily by real estate investment trusts (REITs), which were responsible for almost $20 billion of those deals, according to […]
How much will an average assisted living cost? The answers vary widely depending on region, but the latest data from Northwestern Mutual indicates that assisted living residents face a single room average of $3,372.41 per month. For nursing home patients, the average is $246 per day. The costs are mounting at a time when Americans are […]
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