By John Ruffier We’re geeks for architectural design here at Lowndes, and Senior Housing News recently highlighted an innovative design by Sage Oak Memory Care in Lake Charles, Louisiana. Seeking to combine the feel and …
Senior Housing Leaders Optimistic on 2022 Outlook
By: John Ruffier Senior Housing News recently released a survey of leaders within the senior housing industry who, despite the headwinds of COVID and hiring stresses, are optimistic about the industry as we head into …
Property-Tax Exemptions for Senior-Living Facilities: Application Deadline is March 1, 2022
By: Brendan Lynch While these last two years have often caused individuals to forget the day or month we are in, one thing hasn’t changed: deadlines. It is again the time for senior living facilities …
As Tax Filing Deadline Approaches, Avoid This Trap for the Unwary If You Have an Open 1031 Exchange
By: Amanda Wilson In the senior living area, a taxpayer that is selling a community may look to avoid recognizing gain on the sale by entering into a Section 1031 like-kind exchange with respect to …
Top 10 Anticipated Trends in Senior Housing for 2022
By: John Ruffier. Senior Housing News recently published its predictions for the top ten trends that will affect the senior housing industry in 2022. It is an interesting list and includes some fascinating strategies that …
Luxury Senior Living Targets Boomers
By Shawn Rader On November 27th in The New York Times, Steven Kurutz reviewed three luxury senior living locations in New York City, as representing a small but recent trend in senior living for Baby …
Middle Market Presents an Opportunity in Senior Living
By: John Ruffier For years, the senior living industry seems to have paid a lot of attention to ever-more-opulent facilities offering amenities akin to a five-star hotel. With those luxurious surroundings come high price tags …
Wellness Push Into Senior Living Facilities
By Brendan Lynch: Covid has changed the way that many of us live, and certainly the way that many of us do business. Throughout many industries, there is an increased push towards wellness initiatives (including …
Florida’s Minimum Wage Rises to $10.00 on September 30
Effective September 30, 2021, the minimum wage in Florida will increase to $10.00 per hour from its current rate of $8.65 per hour. The increase stems from a state constitutional amendment, approved by Florida voters …
Act Before Year End to Maximize Opportunity Zone Benefits
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 …
