News

Final CBO analysis: Healthcare Bill Would Cut $834 Billion From Medicaid

May 25, 2017, Emily Mongan, McKnight's Long-Term Care News - The version of the American Health Care Act passed by the House earlier this month would cut Medicaid spending by $834 billion over ten years, according to an analysis…

Assisted Living Provider Bets Big On Small Homes

May 25, 2017, Tim Regan, Senior Housing News - At a time when some providers are rushing to open sprawling and luxurious senior living communities, one Texas-based owner-operator is thinking small.  Dallas-based Mustang Creek Estates specializes in building affordable campuses comprised of…

Blackstone Amasses $755 Million For Up-And-Coming REIT

May 24, 2017, Tim Regan, Senior Housing News - It looks as though the $5 billion non-traded real estate investment trust (REIT) that Blackstone Real Estate filed for last August…

Occupancy Forecasts Differ For Independent Living, Assisted Living

May 23, 2017, Tim Mullaney, Senior Housing News - The outlook for independent living and continuing care retirement communities is bright this year—while other, more need-driven types of senior housing face a more troubled forecast.

Independent living can expect strong demand to push…

‘Exact Opposite Now’: How Senior Living Design Has Changed Over 20 Years

May 23, 2017, Mary Kate Nelson, Senior Housing News - America’s aging demographic is ushering in a new style of senior housing community—one that looks remarkably different from those that gained popularity 20 years ago.  In fact, in some key respects the industry has done done a 180-degree…

Lawmakers Fire Back Over MedPAC's Proposed Cuts To Long-Term Care

May 22, 2017, Emily Mongan, McKnight's Long-Term Care News - Several U.S. House lawmakers voiced their concerns last week over the Medicare Payment Advisory Commission's (MedPAC) plan to recommend significant reimbursement cuts for post-acute care providers to Congress.

Seniors' Use Of Technology Is Growing, Survey Finds

May 21, 2017, Lois Bowers, McKnight's Senior Living - Although seniors use technology less than younger adults, their use of it is growing, according to new research from…

Why It’s Gotten Harder To Secure A Senior Housing Construction Loan

May 21, 2017, Tim Regan, Senior Housing News - Across the U.S., some developers are finding it a little more difficult to get money to build new senior housing projects.  And it’s not just the developers saying that.  Some of those big national capital providers also agree that construction…

Benchmark Senior Living Expands Massachusetts Portfolio

May 19, 2017, Alexandra Pecurar, Multi-Housing News - Cushman & Wakefield brokered the sale of New Pond Village, a 199-unit senior living community in Walpole, Mass.  The buyer is a joint venture of Benchmark Senior Living and Farallon Capital Management.  Executive Director Allen McMurtry…

AdCare Buys $6M Alabama Assisted Living Facility

May 17, 2017, Ariela Moraru, Multi-Housing NewsAdCare Health Systems Inc. completed the purchase of an assisted living and memory care facility in Alabama for…