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 …
AHCA Rule Changes Go Into Effect Today for Senior Housing Operators
By: John Ruffier Courtesy of our friends at the Florida Senior Living Association: Today, August 16, 2021, AHCA’s Final Adopted Version of Rules 59A-36.007 .008, & .028, F.A.C., which implement HB 767 (2020) are effective. …
Seniors Looking for Technology When Making Senior Housing Choices
By: John Ruffier K4Connect recently released its “Summer Insights Report” extolling the values that technology can bring to senior living communities. While not surprising that a poll conducted by a company specializing in technology within the senior living …
Bank Consolidation Poses Challenges for Senior Living Communities
By: John Ruffier A representative from specialty investment bank Ziegler recently sat down with Senior Housing News and explained how the fact that nearly half of all U.S. banks have been acquired or gone out of business in the last 20 …
Senior Living Communities Not Immune from Staffing Shortages
By: John Ruffier Seemingly everywhere you go these days you hear about worker shortages – in restaurants, stores, factories – the list goes on and on. Not surprisingly, senior living communities and their operators are …
Active Hurricane Season Predicted for 2021: Prepare Your Staff and Residents Now
By: John Ruffier Sometimes a reminder is a good thing. With hurricane season here, and experts predicting it may be a busy one (although we hope not), now’s a good time to look back at a Senior Housing News article discussing the lessons learned by Insignia …
Aging at Home Becomes a Popular Option During Pandemic
By: Shawn Rader Aging at home is the new trend. An article in The New York Times on April 4, 2021, talks about the movement of people away from institutional housing such as nursing homes and senior living facilities which has …
Resident Newsletters: Good Idea or Disasters Waiting to Happen?
By: John Ruffier Senior Housing News recently reported about a resident newsletter at a Yonkers, New York, community that has garnered national and international attention. Frustrated with what she viewed as a lack of transparency …
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 …
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 …
