By Tim Regan | April 24, 2023 Source: From the possibility of litigation from residents and their families to potential Fair Housing Act violations, the senior living industry in 2023 is fraught with legal risks. There was a time in the not-too-distant past when senior living operators were not often in the eye of regulators or plaintiff attorneys. […]
By: Beth Mace | April 26, 2023Source: blog.nic.orgIt’s now been a little over a year since the Federal Reserve began to increase interest rates to slow the pace of inflation and the rate of economic growth. The increase in rates has been large, and it has been fast. Short-term interest rates have gone from virtually 0% in […]
By Nick Andrews | May 1, 2023Source: seniorhousingnews.comMonthly rate increases have in 2023 outpaced increases in previous years — and, they have outpaced what the financial leaders of senior living non-profits projected in the fall of 2022.More than 250 chief financial officers from nonprofit senior living organizations predicted that monthly rates would go up by about 5% in […]
By Austin Montgomery | April 26, 2023Source: seniorhousingnews.comHalf a decade ago, Mather Institute set out to study the health and wellbeing of life plan community residents with Northwestern University. On the heels of its fifth year of results, the Age Well Study is still shedding new light on the preferences of older adults, and showcasing the benefits associated […]