HUD Awards $26 Million to Address Affordable Senior Housing Shortage

The Department of Housing and Urban Development (HUD) is awarding nearly $26 million in grants to the owners of 11 multi-family housing developments to convert a portion of their apartments into assisted living or service-enriched units. The funding is provided through HUD’s Assisted Living Conversion Program, meant to support the transformation of housing into service-enriched […]

Assisted Living Programs With Medicaid Waivers Skirting Compliance Rules

The number of Medicaid beneficiaries in assisted living facilities (ALFs) has grown in recent years, but programs receiving Medicaid waivers in several states haven’t abided by federal guidelines—and that needs to change if they want to keep getting federal funding, says the Office of the Inspector General. Under the 1915(c) waiver, the Centers for Medicare […]

NHI Acquires Two ALFs for $9 Million in Sale/Leaseback Transaction

National Health Investors, Inc. (NYSE:NHI) recently acquired two assisted living communities for $9 million from Milestone Retirement Communities, LLC in a sale/leaseback transaction. The two properties have a total of 101 units and are located in Ontario, Ore. and Weiser, Ida.  Milestone will lease and continue to operate the communities. The lease has an initial […]

Background Checks, Medication & Caregiving Top State Regulation Changes in 2012

The most common assisted living reform changes reported in 2012 related to background checks, medication, and caregiving, according to the Assisted Living Federation of America (ALFA) State & Regulatory Snapshot. Unlike nursing homes, the assisted living industry is not federally regulated. Legislation and regulations can vary from state to state, so providers need to be aware of […]

Lead Company Injects Transparency into Senior Community Shopping

A lead generation company is taking a page from Trulia and Zillow to make senior living community shopping more transparent for consumers, reports PandoDaily, by giving them a clearer idea of costs from the get-go. SilverLiving.com seeks to provide senior care community information that hasn’t traditionally been available outside of going to a community and […]

Medication Administration Tops 2012 List of Common Deficiencies in Assisted Living

Deficiencies in medication administration tops the list of most common deficiencies made in assisted living in 2012, according to data compiled by the Assisted Living Foundation of America (ALFA), followed by resident admission requirements and ongoing resident assessments.  ALFA compiled a list of the most common citations in assisted living by contacting each state’s regulatory agencies […]

Four Accused of Operating Unlicensed ALFs Could See 5 to 10 Years in Prison

A Florida state’s attorney announced last week the arrests of four individuals for their part in operating assisted living facilities without the proper licensing.   Hazards including unsafe electrical work, missing smoke detectors, termites and unsanitary conditions were found by inspectors at the facility. The property was later condemned by the City of Jacksonville Code […]

Occupancy’s Relation to “Severe Lack” of Consumer Education on Senior Care Options

A “severe lack” of consumer education on available senior care options might be partially to blame for current senior living occupancy rates which remain a few hundred basis points beneath peaks that occurred prior to the economic downturn. “Many consumers—especially those who have never worked in the senior living industry—think the whole industry is nursing homes,” says […]

GRE Properties Affiliate Buys Fla. ALF for $17.15 Million

A Hollywood, Calif.-based affiliate of GRE Properties recently acquired a Florida senior living facility in a $17.15 million transaction, reports the South Florida Business Journal. Lenox on the Lake is a 139-unit assisted living community in Lauderhill, Fla. that was sold by a company operating as FTMI Real Estate. Florida Southern Bankruptcy Court records show that […]