Government healthcare spending is set to skyrocket, costs of long-term care are steadily rising, while at the same time, most seniors’ wallets are strained thanks to the prolonged economic recession. Add to that dwindling government benefits programs such as Medicare and Social Security that are unfortunately linked to an enormous federal deficit problem, and the future […]
Category: Featured
It began in 2011, and it’s going to keep happening until 2030: 10,000 Baby Boomers are turning 65 each day, and those in the senior housing industry don’t think the “Greatest Generation” is going to enter quietly into accommodations that don’t meet their standards and expectations. The Boomer generation has generally gone through life demanding […]
Adaptability is one of the cornerstones of human evolution. Evolution is a slow process but adaptability, or the ability to “get by” in the short term, happens quickly and is reactionary. With the economy in a state of disarray during 2010 and 2011, the senior living industry and businesses in other areas were focused on […]
When looking back on 2011, senior housing industry professionals agree that the billions of dollars worth of real estate investment trust (REIT) activity played an integral role in shaping today’s market. But some say that going forward into 2012, healthcare reform will be a key influence in the industry, and others point out the changing […]
Despite the attractive terms and interest rates offered by the Department of Housing and Urban Development’s (HUD) senior housing financing programs, many have been turned off by the lengthy HUD queue and are resorting to other funding sources. “The basic problem with the FHA program is that it takes way too long, and a lot […]
With the recession dragging on, the senior housing market has experienced a significant slump. New construction starts have dropped by 53% since the 2008 crash, and now make up just over 1% annually of the senior housing inventory, according to the National Investment Center for the Seniors Housing & Care Industry (NIC). At the same time, […]
Health care providers are trying to make a case against funding cuts to policymakers, who they say don’t seem to understand the price of care that nursing homes are providing, and the impact those cuts could have to the quality of that care, and to the economy. With the Centers for Medicare and Medicaid Services […]
The decision by the Department of Housing and Urban Development to add additional staff to speed up the application process for its Section 232 program was welcomed by the senior housing industry, but the support didn’t come easily. In fact, obtaining the support of the agency has been a work in progress as far back […]
The number of 65+ households is projected to increase by 35% in 2020 according to a recent Harvard University housing report. The Joint Center for Housing Studies (JCHS) says in The State of the Nation’s Housing Report that baby boomers will continue to have a huge effect on the housing market as they approach retirement […]
The average occupancy rate for senior housing properties rose to 87.9% during the first quarter of 2011, up 0.2% from the previous quarter according to data from the National Investment Center for the Seniors Housing & Care Industry (NIC). While it’s the fourth consecutive quarter that occupancy rates have improved, the senior housing industry isn’t out […]
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