By: Shawn Rader On Sunday, February 7, 2021, The New York Times published an article entitled, “Converting Backyards into Family Compounds,” involving the latest trend in assisted living – accessory dwelling units. These are small homes built on the …
Property-Tax Exemptions for Senior-Living Facilities: Application Deadline is March 1, 2021
By: Brendan Lynch As we have turned the calendar to 2021, now is again the time for senior living facilities around the state to evaluate whether the facility is eligible for any property tax exemptions …
Senior Living—A Place for Mom
By Shawn Rader: Senior Living – A Place for Mom, published a guide for people looking for assisted living facilities. It occurred to me that it might make sense for an ALF to review …
Senior Housing Occupancy Rates – The Road to Recovery
By: Matthew McMurtrey In a recent article published by Senior Housing News, Chuck Sudo discusses senior housing occupancy rate predictions for 2021. Many older individuals chose to suspend their plans to move into senior housing …
COVID Impacts Senior Housing Construction
| John Ruffier | The impact of the COVID-19 pandemic is not limited to making it harder to sell a senior living community due to nervous buyers and lenders (although we are seeing a thaw). …
Retail Struggles Become Senior Housing Opportunities
By: Shawn Rader On October 25, John F. Wasik penned an interesting article in The New York Times regarding the conversion of shopping mall properties into senior housing. With over 25,000 stores perhaps closing by the …
Should Assisted Living Facilities Venture into In-Home Care?
By: Shawn Rader Recently in the Kiplinger’s Personal Finance, Alina Tugend published an article pointing out that while early long-term care policies did not cover in-home care, more recent ones permit coverage for caretakers from …
Co-Housing for Seniors
By Shawn Rader: In the October 4th issue of Senior Housing News, Tim Mullaney discusses the movement towards co-housing as a senior living alternative which might better address the issues of loneliness, isolation and depression …
IRS and Treasury Finalize Last Set of Bonus Depreciation Regulations
By: Amanda Wilson One of the key tax benefits for investors and owners of real estate such a senior living facilities is depreciation. The 2017 Tax Cuts and Jobs Act expanded on this benefit, allowing …
Special Edition: Overcoming Senior Living Occupancy Challenges [Lowndes Legal Talk] September 23, 2020
Tune in to Lowndes Legal Talk: Special Edition for an extended episode on overcoming senior living occupancy challenges during the pandemic. In this podcast, Lowndes attorney John Ruffier talks with industry expert Kenneth Coburn of …
