‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
Actions & Transactions, March 15
By
Kathleen Steele Gaivin
Mar 15, 2024
SNF operator PACS Group files for IPO, reveals strategy behind move … HealthPeak, Omega SEC filings relate to automatic mixed securities shelf registration … $3M award will help build assisted living...
HumanGood completes $35 million renovation project in southern California
By
Kathleen Steele Gaivin
Mar 14, 2024
Duarte, CA-based HumanGood has completed a $35 million renovation at The Gardens, an affordable senior housing community in Glendale, CA.
Actions & Transactions, March 13
By
Kathleen Steele Gaivin
Mar 13, 2024
Walker & Dunlop closes $65M in HUD loans for 7 Midwest SNFs … Sherman & Roylance arranges $8.1M sale of Texas SNF … Buckner Retirement Services acquires former Lifespace community in Fort Worth, TX...
FY24 appropriations bills a mixed bag for affordable senior housing
By
Kimberly Bonvissuto
Mar 05, 2024
The release of six fiscal year 2024 appropriations bills on Sunday brought mixed news for affordable senior housing, according to LeadingAge.
Actions & Transactions, March 5
By
Kathleen Steele Gaivin
Mar 05, 2024
ESI arranges $10M sale of Dover, DE, skilled nursing facility … Ensign Group acquires SNF in Kansas, 2 in Colorado … Pennant adds 2 senior living communities in Utah … Ryan Companies completes senior...
White House highlights efforts to increase supply of affordable senior housing
By
Kimberly Bonvissuto
Mar 04, 2024
Taking an “all-of-government” approach, the federal government has announced several key actions to boost the supply of affordable housing, including affordable senior housing.
HUD announces $115 million in grants for affordable senior housing projects
By
Kimberly Bonvissuto
Feb 23, 2024
The federal government has announced the availability of $115 million in grants to develop and improve affordable senior housing for low-income older adults.
Business briefs, Feb. 23
By
Kathleen Steele Gaivin
Feb 23, 2024
Long-term care execs see modest salary increases: report … Providers clamor for innovation to head off “end-of-mission” conversations … Nursing homes sue state Medicaid program, claiming massive...
Actions & Transactions, Feb. 23
By
Kathleen Steele Gaivin
Feb 23, 2024
Ziegler prices $67.2M series 2024 bonds for United Methodist Retirement Homes … American Healthcare REIT amends credit facility … CVS Health invests almost $35M in affordable housing in Hawaii