Two Large Acquisitions Show The Trend of Foreign Buying The seniors housing and care acquisition market continues to be soft, with everything from the subprime mortgage mess to the weak housing market to valuation jitters impacting participants on both sides of the...
Masonic Health Systems of Massachusetts: Right Place, Right Time When the Grand Lodge of Masons of Massachusetts hired David Turner in 1999, it owned and operated a rather unspectacular “old folks home” in the central Massachusetts community of Charlton. The facility...
AAHSA (and others) Continue The Debate And Suggest Changes In today’s world, long-term care financing depends almost exclusively on two sources: (1) individual out-of-pocket costs and donated services from family members, the largest private source (about 52%);...
ElderLife Financial Launches A New Tool For Providers Although it may seem somewhat radical today, financing part of a resident’s monthly rental payment is something that may very well be common in the next few years for many people. After all, when car financing...
Shocks Waves Of The Subprime Meltdown Continue The great big sucking noise you hear is the liquidity evaporating from the capital markets, but please don’t shoot the messenger. Although lenders are still “open for business,” we are hearing of more and more cases...
EXPERT OPINION: An Interview with…Larry Minnix, President and CEO of the American Association of Homes and Services for the Aging In this “Expert Opinion” interview, Larry Minnix details AAHSA’s proposal to dramatically alter the way America approaches and...