The Covid-19 pandemic has driven up expenses and dragged down revenue for smaller or single-site senior living providers who lack the cash reserves of their larger peers. For some providers, funds from the payroll protection program (PPP) have acted as a life preserver in turbulent times — but the long-term outlook remains hazy despite the […]
Elite Care
Construction: Planned California City Council OK’s $62.8M Senior Living Redevelopment The City Council of Pleasanton, California, recently approved a $62.8 million redevelopment project for a senior living community that will begin construction next year, reports Pleasanton Weekly. California-based developer MidPen will tackle the redevelopment project, which will replace two senior apartments and give residents the […]