Close to 200 Miami-based “assisted living” communities have been accused of skirting property taxes according to a Miami Herald report. Those accused by the Miami-Dade Property Appraisers’ Office issued $1.7 million in tax liens for claiming homestead exemptions when they were not actually entitled to those exemptions, the report states. “Carlos Lopez-Cantera, Miami-Dade’s property appraiser, […]
Category: Assisted Living
Assisted Living News From the Times-News (Ida.)—Assisted Living Concepts Community Regains License, Opens Doors “A year after Chaparelle House closed its doors, the assisted living facility received its license back and is reopening. In April 2012, the Idaho Department of Health and Welfare revoked the license for the Twin Falls assisted living facility, which forced 18 […]
A bill that would reform laws regarding assisted living communities in Florida failed to pass through the state’s legislature last week after passing in the state Senate but never gaining support from the state’s house of representatives. The bill, SB 646, was passed by Florida’s senate in April by a unanimous vote of support, despite […]
Ensign Acquires Three Senior Living & Care Communities The Ensign Group, Inc. (Nasdaq: ENSG) announced today that it has acquired three senior care properties—an assisted living community and two skilled nursing facilities. Cascade Plaza, a 90-unit assisted living community in Redmond, Washington and its sister facility Cascade Vista, 110-bed skilled nursing center will both be […]
Even though the number of senior care options has expanded in the past couple decades as different models have developed and evolved, consumer trends have stayed much the same with some small adjustments following the Great Recession. The Google Trends chart below shows consumer interest in five search terms between January 2004 and April 2013, where purple […]
Assisted living communities have long struggled with being classified along with other types of institutional-type buildings such as hospitals and nursing homes. Under national building and fire safety codes, this has led to costly and sometimes unnecessary building features to adhere with codes that are not specifically geared toward assisting living resident safety. Until now. […]
Overall, the cost of care among facility-based providers has increased over the last five years, according to the Genworth 2013 Cost of Care Survey. Nationally, the average price for assisted living care was $41,400, according to Genworth’s findings, while the average cost for nursing home care was $83,950. However, assisted living showed the largest rate […]
A bill passed through Florida’s state senate by unanimous vote this week that would require increased regulation of assisted living facilities within the state. The bill, SB 636, provides specifications regarding the oversight of assisted living facilities, including a rating system available to consumers via the Agency for Health Care Administration. The bill was drafted […]
It has only been a few weeks since A Place for Mom launched a senior care review site, but Golden Reviews already believes it can do a better job. Based in Chicago, Ill., and launched by Leo Friedman, the company’s goal is to bring transparency and accountability to the senior care industry through its 110,000 community listings on […]
Senior Living Investment Brokerage today announced it has brokered transactions of two senior housing properties in Oregon for a total of $27.8 million. The Oregon-based seller divested the assets in an effort to exit the seniors housing sector and use the capital toward other, more passive investments, Senior Living Investment Brokerage reports. The buyer is […]
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