By: Amanda Wilson If you are planning to acquire or build a senior living facility that is located in an opportunity zone, there are many tax benefits that are available to you. One of these …
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). …
Important Year End Deadline for Opportunity Zones
By: Amanda Wilson Opportunity zones provide a powerful tool for taxpayers to defer recognizing their capital gains if they roll over their investment into a qualified opportunity zone fund, and offer investors the potential of …
Senior Housing and the LGBT Senior Community
By: Shawn Rader. The Real Deal reported a Thirty Million Dollar affordable housing project in Long Island aimed at the LGBT Senior community. It is open to all and is being funded by State and …
How Will Medicare Rule Changes Affect Senior Housing Communities?
By John Ruffier Since the 1970s, Medicare beneficiaries have had the ability to receive Medicare benefits through private health plans (mainly Health Maintenance Organizations) as an alternative to the traditional Medicare program administered by the …
Considering Making A Qualified Opportunity Zone Investment?
By: Amanda Wilson Qualified Opportunity Zones are a hot topic in the tax and business world, and are an opportunity that span into almost any business market including senior living. I get questions about them …
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 …
The Employment Challenge in a Rising Wage Economy
Senior Housing News recently ran an article/editorial discussing the impact that wage pressure is having on the ability of Senior Living Communities to hire and retain staff without blowing the P&L. In Central Florida, where …
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 …