While older Americans are in better financial shape than previous generations, soaring housing prices could compromise these gains, a federal report suggests.
The National Investment Center for the Seniors Housing & Care Industry is holding its tandem housing regional symposium and skilled nursing investment forum Sunday through Tuesday in Boca Raton, FL. Former Health and Human Services Secretary Gov. Tommy Thompson and Dr. Peter Morici, Professor of Business and Public Policy at the University of Maryland, lead the speaker slate. Investors and skilled nursing operators will be able to attend concurrent educational programs on hot issues of the day.
New federal initiatives to help people with disabilities, including older adults, find housing options will be the subject of a Special Open Door Forum on Tuesday. The 90-minute conference call begins at 11:30 a.m. (Eastern Time). It is open to all interested stakeholders and can be accessed by dialing (800) 837-1935 and using conference ID number 44280806. The forum will focus on ...
The most difficult part of moving to a senior healthcare community is making the decision to live there. When designing for the wellness and health of seniors, you need to appeal to not only the seniors, but to their adult children.
The number of U.S. continuing care retirement communities—often estimated at around 2,500—is actually fewer than 1,900, according to a new analysis by Ziegler Capital Markets.
DAY 2: Last day of McKnight's Online Expo to feature webcasts on marketplace, and Medicare and MedicaidMarch 26, 2009
President Barack Obama in a press conference Tuesday night argued that the only way to balance the budget is to address the nation's rising healthcare costs. Medicare and Medicaid, the big government payers of long-term care, and the housing market will be the subjects of McKnight's Online Expo on its final day today.
The American Recovery and Reinvestment Act of 2009, which the president signed into law last month, provides desired funding for long-term care providers.
Seniors who can't sell their homes due to the housing and financial crises are feeling trapped because they cannot afford to move into assisted living or retirement communities, according to a news report.
The controversial $700 billion bailout plan signed by the president last week is likely to have a positive effect on long-term care housing, according to an expert from the American Association of Homes and Services for the Aging.
Arcapita Inc., an international real estate investment firm based in Bahrain, sold its stake in 29 facilities managed by Sunrise Senior Living Inc. to Ohio-based Health Care REIT inc., a real estate investment trust with 635 properties nationwide.
President Bush Wednesday signed into law a housing bill that will help more than 400,000 Americans keep their homes and help to stabilize the turbulent housing market. The legislation also will streamline the financing process for Section 202 housing projects.
The amount of financing placed in seniors housing dropped by a precipitous 60% in the first quarter of 2008, according to data released this month from the National Investment Center for the Seniors Housing and Care Industry. That could lead to an easing up on new development.
Senior housing stocks took a small tumble on Friday due in part to the steady decline of the residential market.
It's hardly a secret that eldercare services in this nation are in a state of flux. The average age of nursing homes in most metro markets has surpassed 30 years.
The seniors housing and care industry remained robust in the last quarter of 2007. As an example, the percentage of performing loans rose slightly to 99.5%, a new report by the National Investment Center for the Senior Housing & Care Industry (NIC) says.
As the housing market continues its slide, a media report offers some encouraging news for long-term care: Senior-housing stocks have the potential to rebound before the rest of the market.
For the second year in a row, the average price paid per bed for skilled nursing facilities hit a new record in 2007. The average of $55,200 was 6% higher compared with the year before and 75% more than the notable low of 2003, according to analysis results from research firm Irving Levin Associates.
Arnold Whitman offered simple advice to operators concerned about turmoil in the seniors housing and care field: deliver the best possible care.
Skilled nursing housing occupancy numbers were stable for the third quarter of 2007. That represents both good news and bad news, said Michael Hargrave, of the National Investment Center for the Seniors Housing and Care Industry.
Loan volume in the seniors housing and care sector rose by $20.5 billion in the third quarter of 2007, according to a recent report by the National Investment Center for the Seniors Housing and Care Industry. That is a positive sign for the sector as growth has stalled across the housing spectrum.
Beth Baker, Author, Old Age in a New Age, about new nursing home models
Don't expect much fanfare when Thomas Slemmer ascends to the chairman's post for the American Association of Homes and Services for the Aging. He is not one to revel in the spotlight.
While the rest of the housing market is gripped by credit fears, those in long-term care are staying confident.
Motown receives its first new nursing home since the 1980s. Private rooms lend a homelike touch to the renovated hospital space