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 …

Your Predictions for 2017 (Part Three of Five)

Today we share with you responses to two different, but related, questions related to employee compensation and changes or potential changes in federal and state/local law regarding the same. The first question related to the …

Your predictions for 2017 (Part One of Five)

Last week, in connection with our Senior Housing Symposium entitled “Looking Back . . . Looking Forward” we surveyed our attendees to get a feel for where they predict next year will look like in …

Withholding Tax Set to Increase

By:  Amanda Wilson The Foreign Investment in Real Property Tax Act (FIRPTA) subjects foreign sellers to U.S. tax when they sell their interest in real property located in the U.S., including interests in companies that predominately …

The Use of Condominium Regimes in Senior Housing Facilities

By William S. Vanos Given the degree of flexibility created by the condominium form of ownership of real property, it is probably not surprising that condominium regimes are often employed in connection with senior living …

New Report Judges Cities on Suitability for Seniors

The Milken Institute just released a report on the “Best Cities for Successful Aging” which ranked 352 U.S. metropolitan areas based on how well their physical and social surroundings support health, engagement, productivity and purpose …

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 …