Property Tax Exemptions for 2019

Now is the time for senior living facilities around the state to evaluate whether the facility is eligible for any property tax exemptions for 2019. Exemption applications are due with the respective County Property Appraiser …

Overheard at NIC 2018 . . .

As always, the NIC Conference in Chicago is a great experience and an unique opportunity to connect  owners, managers, lenders and (of course) the attorneys that represent each of them.  Interesting conversations always ensue, and …

Florida’s Minimum Wage Rises to $8.46 in 2019

By: Rachel D. Gebaide & Jill Davis Simon Florida’s minimum wage will increase effective January 1, 2019 as follows: Florida’s minimum wage will increase by 21 cents from $8.25 to $8.46 per hour. Florida’s minimum …

Improving Elder Care through Technology

By: Hallie Fisher.  A relative of mine recently moved into an independent living facility, and within days we had received notice that she had been summoning the staff for routine questions (“How late is breakfast …

Depletion of Staffing

The New York Times on Sunday had a troubling front-page article Sunday on nursing homes masking the depletion of their staffs.   Nursing homes are not ALFs, so why should this bother us?  For two reasons: …

Tax Reform Improves Expensing and Depreciation Rules

By: Amanda Wilson The Tax Cut and Jobs Act made several key changes to the expensing and depreciation rules, which will be a boon for Senior Living businesses that tend to be real estate heavy. …

Technology for Senior Living

by: Hallie Fisher.  The Building Design & Construction Network states that unique and distinctive amenities are a must-have for Senior Living Facilities. Examples of such amenities include access to walking trails, innovative and fun dining …

Baby Boomers: Ride-Sharing and Technology

By: Hallie Fisher.  A hot topic in senior housing over the past few years has been how Baby Boomers are going to affect the senior housing market. It’s clear that the sheer number of Baby …

Senior Housing Symposium: The Laws They Are A-Changin’

We enjoyed hosting another successful Senior Housing Symposium where we discussed how changes to Federal tax law under the recently-passed Tax Act may impact senior housing owners and investors. We also discussed what laws were …