For owners of Residential Care Facilities for the Elderly (RCFEs) and Adult Residential Facilities (ARFs), the decision to sell can be a difficult one. However, there are several factors that suggest that now is a great time to sell your RCFE or ARF.One of the main reasons why now is a good time to sell is the high demand for senior and adult care services. With the aging population in California, and the...
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The California real estate market has been a topic of concern for many investors and business owners, including those who own care homes. With the recent economic uncertainty caused by the COVID-19 pandemic, many are wondering if the California real estate market is headed for a crash. However, data, statistics, and graphs suggest that this is unlikely, and owners of care homes can rest assured that their...
When deciding on a pet policy for a Residential Care Facility for the Elderly (RCFE) or Adult Residential Facility (ARF) in California, there are several factors to weigh. Here are the top 10 considerations to keep in mind: · Resident preferences: The preferences and needs of your residents should be a top consideration when deciding on a pet policy. Some residents...
Residential Care Facilities for the Elderly (RCFEs) are becoming increasingly popular in California as the state's population ages. These facilities provide a home-like environment for seniors who require assistance with daily living activities, such as bathing, dressing, and medication management. For those interested in investing in an RCFE home and business in California, there are both pros and cons...
The increase in mortgage rates over the past year has been an unwelcome surprise for many would-be RCFE and ARF buyers. Add to that the continuing talk of a looming recession, and many wonder whether they will be able to purchase an RCFE or ARF anytime soon. But what actually happens to mortgage rates during a recession? Surprisingly, and perhaps, counter-intuitively, mortgage...
There’s been some concern lately that the housing market is headed for a crash. This is true for the care home market, RCFEs and ARFs, too. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.But the data clearly shows today’s market is very...
MCKNIGHTS CLINICAL DAILY BY KIMBERLY BONVISSUTO APRIL 19, 2023 Older adults with cognitive impairment are more likely to regain normal cognition if they hold positive beliefs about aging, according to the results of a new study. A Yale School of Public Health study published in JAMA Network Open also found that positive beliefs helped participants recover their cognition up to...
From McKnight’s Long-term Care News Jan/Feb 2023 By Amy Novotney Despite the growing telehealth use, especially during the pandemic, many doctors, nurses, and other healthcare providers remain reluctant to use it when dealing with medical issues affecting older adults. A national survey of more than 7000 providers provides insight into that reluctance. Conducted by the West Health...
Prospective care home buyers are perplexed at today’scompetition to purchase, which will only amplify whenrates drop in the future. Mortgage Rate Projections Many experts forecast mortgage rates to drop into the 5s by year’s end. This year’s March Madness ended with an unexpected NCAA Championship matchup between San Diego State University (ranked 18th before March Madness) and the...
The short-lived symptoms can lead to serious complications and shouldn't be ignored By Rachel Nania, Excerpted From AARP Health | January 27, 2023 A transient ischemic attack, or TIA, happens when blood flow to the brain is temporarily blocked. Roughly 240,000 Americans a year have a TIA, sometimes called a ministroke, according to the American Stroke Association. And though they can...