News & Analysis as of

Senior Housing

Farrell Fritz, P.C.

Additional Real Property Tax Relief for Certain Senior Housing Properties in Nassau County Signed into Law

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New York State Governor Kathy Hochul signed NYS Senate Bill 8647 (Martins)/Assembly Bill 10355 (Stern) into law this week....more

Cozen O'Connor

Broad Street Brief: How Collar Counties Population Growth May Impact 2024 Election

Cozen O'Connor on

Parent & Guardian Engagement Task Force Holds Inaugural Meeting -Philadelphia’s new Parent and Guardian Engagement Task Force, formed in response to a state of emergency over youth violence, met for the first time Tuesday...more

Greenbaum, Rowe, Smith & Davis LLP

NJ Appellate Division Rules that Municipal Ordinance Restricting Ownership to Individuals Over 55 Violates Fair Housing Act and NJ...

On July 31, 2024, the New Jersey Appellate Division issued its ruling in New Jersey REALTORS® v. Township of Berkeley, upholding a trial court’s decision invalidating a municipal ordinance requiring that the owners of units...more

Arnall Golden Gregory LLP

AGG Talks: Healthcare Insights Podcast - Episode 6: Charting the Future of Nursing Home Staffing

In this episode, AGG Healthcare attorneys Lisa Churvis and Alan Horowitz discuss critical aspects of nursing home staffing requirements. Lisa and Alan delve into the implications of recent legislative proposals and regulatory...more

Maynard Nexsen

Taking the Pulse, A Health Care and Life Sciences Video Podcast | Episode 197: The Next Generation of Senior Living with Tate...

Maynard Nexsen on

Lauren and Heather welcome Alan Moise and Tate Stewart of Thrive Senior Living, a dynamic operator of next generation senior housing communities. We have an insightful conversation about the future of assisted living as...more

McGuireWoods LLP

Senior Living Alert: Five Considerations for Nonprofit Senior Living Organizations When Developing Fundraising Campaigns

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There are many ways organizations can secure funding for capital projects, including cash reserves, tax-exempt debt, taxable debt and donations. Nonprofit senior living communities that use tax-exempt bonds to fund capital...more

Hinshaw & Culbertson LLP

[Webinar] Offering Culturally Appropriate Care and Services to LGBTQ+ Seniors - June 26th, 12:30 pm - 1:30 pm PST

David Alfini to Present a Hinshaw-Sponsored Webinar on Culturally Appropriate Care and Services to LGBTQ+ Seniors - Hinshaw is pleased to present "Offering Culturally Appropriate Care and Services to LGBTQ+ Seniors" as a...more

ArentFox Schiff

Senior Living Industry: Review of Owner’s Loan Documents Through Management Company Lens

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Although a senior living property manager is not the party on the hook for the loan, it is important that they review and negotiate certain provisions in the owner’s loan documents that affect their rights and obligations in...more

Troutman Pepper

Lessons for Skilled Nursing and Assisted Living Facilities From the ‘Largest Health Care Fraud Case’

Troutman Pepper on

Phillip Esformes, the alleged mastermind of one of “the largest single criminal health care fraud cases ever brought against individuals by the Department of Justice,”has finally reached a plea deal with the Department of...more

Chambliss, Bahner & Stophel, P.C.

Getting Help When Providing Care at Home for Aging Parents

As they grow older, your parents may prefer to continue living in their home rather than moving to a long-term care facility. They are not alone in this; more than three-quarters of adults over the age of 50 say they would...more

Mitratech Holdings, Inc

Assisted and Senior Living Hiring: Tips For The Caregiver Shortage

Are you feeling the crunch of the caregiver shortage in assisted living facilities? You’re not alone – about 63% of facilities have open roles at any given time. As demand for quality care rises with our aging population,...more

Bradley Arant Boult Cummings LLP

Distressed Long Term Care Assets: Receiverships

It is not a secret that the long term care and senior housing industry continues to experience significant financial distress due to, among other things, the lingering effects of the COVID-19 pandemic and rising interest...more

McGuireWoods LLP

Senior Living Alert: Good Governance Is Critical to a Nonprofit Organization’s Viability

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When serving on a nonprofit board, directors are required by state law to discharge certain fiduciary duties, including the duties of care and loyalty. These directors are entrusted with ensuring that the organization carries...more

Lowndes

Property Tax Exemptions for Senior Living Facilities: Application Deadline is March 1, 2024

Lowndes on

The 2024 exemption deadline is almost upon us! As with every year here in Florida, the property tax exemption application deadline falls on March 1. So it is again time for senior living facilities around the state to...more

McGuireWoods LLP

Senior Living Alert: 10 Things to Know About Senior Living Facility Restructuring and Bankruptcy

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Over the past few years, the senior living sector has endured some hard times. In 2023, many operators found themselves in distress and facing a sale or court-governed proceeding. Interest rates, wage inflation, staffing...more

ArentFox Schiff

2024 Senior Housing Market Outlook

ArentFox Schiff on

Could 2024 bring renewed growth for the skilled nursing and senior housing market or will proposed regulatory changes and the lingering effects of COVID-19 stymie hopes for a potential rebound? With rising occupancy rates...more

McGuireWoods LLP

Senior Living Alert – Antitrust Developments Related to Transactions Involving Private Equity Investment in Senior Living...

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White House and Agency Initiatives - On Dec. 13, 2023, the White House announced new efforts to lower healthcare and prescription drug costs, issuing a detailed Fact Sheet. Two of the initiatives focus on private equity...more

McGuireWoods LLP

Senior Living Alert – On the Horizon: How Prior Legislative Work Is Leading Into the 2024 Session

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With the election season completed and the posture of each state’s political chatter turning toward the 2024 session, now is a good time to take stock of where certain states have seen progress (or attempts at progress)...more

McGuireWoods LLP

Location, Location, Location — Strategic Real Estate Considerations for Senior Living Communities

McGuireWoods LLP on

A senior living community’s ability to maximize the effective use of its real estate assets often plays a key role in the success of the community and the happiness of residents and staff. This is especially true for...more

Davies Ward Phillips & Vineberg LLP

New GST Rebate for Purpose-Built Rental Property

As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more

Lowndes

Too Good To Last? IRS Halts Processing of ERC Claims

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While not as well-known as the Paycheck Protection Program, the Employee Retention Credit (“ERC”) program was another form of Covid relief provided by the federal government to businesses in 2020 and 2021. The ERC program...more

Lowndes

AI May Offer Solutions to (Some) Senior Housing Issues

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Senior Housing News recently published an article making a compelling argument for how the use of “AI” is aiding senior living communities in providing better resident experiences and care. Focused on the experiences of...more

Lowndes

Too Good To Be True? Be Wary of ERC Promoters

Lowndes on

While not as well-known as the Paycheck Protection Program, the Employee Retention Credit (ERC) program was another form of Covid relief provided by the federal government to businesses in 2020 and 2021. Under the ERC...more

McGuireWoods LLP

Real Estate Trends in the Senior Housing Sector

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Many communities have witnessed a dramatic increase in their older populations, and this trend is projected to continue in the coming years. In recognition of this trend, municipalities have started to map out strategies to...more

Bradley Arant Boult Cummings LLP

Are You Covered? Limitations of Claims Made Policies for Senior Living Facilities

If a resident in an assisted living or skilled nursing facility sustains an injury, the owner and operator of the facility will generally look to their errors and omissions or professional liability insurance policy for...more

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