By: Amanda Wilson As tax season is underway, one important deadline is coming that should not be overlooked. Tax law allows for partnership and LLC agreements to be amended retroactively to the first day of the …
Insurance Costs Expected to Rise for Senior Living Facilities
Senior Housing News, always a favorite information source for the Lowndes Senior Housing Practice Group, has a great new article regarding rising liability risk and liability insurance costs affecting senior housing communities – which includes …
Tax Reform Brings New Interest Expense Limitation
By: Amanda Wilson The Tax Cut and Jobs Act introduced a new rule limiting a businesses ability to deduct interest expense, which can have a significant impact in the senior living area as facilities often …
MURDER! (and the potential unenforceability of arbitration clauses)
The AARP Bulletin recently ran an interesting article regarding a 100-year senior living facility resident who was strangled to death by her 97-year old roommate. Beyond the macabre and tragic situation itself, the murder gave rise to …
Big Deal Monday
Aviv REIT had a lot of news last week, announcing its acquisition of two skilled nursing facilities in Dallas, Texas for a combined purchase price of $28.5 million. Hot on the heels of that acquisition, …
The IRS Scam: A Cautionary Tale
Just this week a client of the firm received a telephone call at the client’s home number and left a message to the effect that the client must call the IRS urgently or to have …
Lowndes employees accept the ALS #icebucketchallenge
Several Lowndes employees accepted the #icebucketchallenge! Attorney John Ruffier then issued an ensuing challenge to other members of the firm and other law firms in Central Florida. A donation was made to ALS. Watch the …
Welcome to our blog!
Welcome to the Gray Area of the Law blog! We represent developers, owners, buyer, sellers, investors and managers in the Senior housing industry, and in this blog we examine the immediate needs and long term …
