Senior Living Providers Net At Least $252 Million in Small PPP Loans

Senior living providers across the U.S. received at least $252 million through Paycheck Protection Program (PPP) loans under $150,000. Assisted living and continuing care retirement community (CCRC) providers in California, Florida and Wisconsin received the most money through the program, according to a Senior Housing News analysis of PPP loan data released by the Small […]

Urban Nonprofit Chicago Methodist Leverages JVs to Succeed in Tough Market

Chicago Methodist Senior Services (CMSS) knows a thing or two about forming partnerships that improve its operations and boost its local reputation. The senior housing and care nonprofit is based in the Chicago neighborhood of Andersonville, with five senior housing properties and an office in and around the area. As a smaller, multi-site organization, CMSS […]

More Nonprofit Senior Living Providers Partner Up to Survive and Thrive

As headwinds continue to batter the senior housing industry, some not-for-profit providers are looking to partnerships or mergers as a way to grow scale in order to thrive — or in some cases, simply survive. “In the last three years, a number of organizations are saying, we could go on independently … but where do […]