The work-from-home surge may lead workers buy retirement homes even before they retire
By
Amy Novotney
Sep 22, 2020
COVID-19 has forced many Americans to work remotely — and some companies even have added an option for employees to work from home for the rest of their careers. For the senior housing industry, this...
Mnuchin: Unemployed should not get what amounts to a raise while off the job
By
John O'Connor
Jul 13, 2020
Treasury Secretary Steven Mnuchin recently said the White House wants to cap enhanced unemployment benefits in the next coronavirus package. One reason: so workers do not get benefits that exceed what...
AHCA / NCAL blasts meager COVID-19 funding levels
By
John O'Connor
Jul 09, 2020
When it comes to COVID-19 federal aid, the seniors housing and care sector is getting shortchanged. So claims one of the nation’s largest eldercare organizations.
Operators, frontline workers likely to benefit from next virus relief bill: McConnell
By
John O'Connor
Jul 08, 2020
For senior living operators seeking COVID-19 lawsuit protections and workers earning less than $19 an hour, the next coronavirus package may deliver some welcome news. Senate Majority Leader Mitch McConnell...
Coronavirus toll on state revenues could spill over
By
John O'Connor
Jul 09, 2020
As a coronavirus-caused recession continues to take hold, state and local governments are being forced to cut back support to schools, health programs and other support services, the Wall Street Journal...
Loan application deadline extended for Paycheck Protection Program
By
John O'Connor
Jul 07, 2020
Smaller senior living operators may still apply for a Paycheck Protection Program loan of up to $10 million, thanks to a law extension.
Insurance getting much more expensive, when it’s available
By
John O'Connor
Jul 10, 2020
Add standard liability insurance to the list of woes that seniors housing and care operators must address. Such coverage is not only getting more difficult to find, rates are climbing by as much as 300%,...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...
As pressures for live union elections mount, NLRB lays out new protocols
By
John O'Connor
Jul 09, 2020
The National Labor Relations Board has created new measures that its regional agency officials should take when conducting in-person union elections. The notice comes amid pressure from many businesses...
Can senior living breathe new life into struggling commercial real estate?
By
John O'Connor
Jul 13, 2020
Many parking garages, shopping malls and other commercial real estate structures were struggling before COVID-19. The pandemic’s spread has made things that much worse.