Articles

Private-pay assisted living providers now have the ability to apply for funding under the Provider Relief Fund Phase 2 General Distribution allocation, the U.S. Department of Health and Human Services (HHS) announced Tuesday. The announcement comes about two weeks after the federal agency told the American Seniors Housing Association (ASHA) during a call that relief would be coming very shortly, spurred...

Assisted living providers will have an opportunity to receive additional federal funds to help offset the financial impacts of Covid-19. The Department of Health & Human Services (HHS) on Thursday announced the next phase of funding from the Provider Relief Fund. The funding includes $20 billion in aid for providers on the front lines of the pandemic. Providers that have already received Provider...

You may have heard that pre-approval is a great first step in the RCFE homebuying process. But why is it so important? When looking for an RCFE, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, what you’re comfortable within a monthly mortgage payment, and ultimately how much money you...

When most of us begin searching for a RCFE home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and...

The Centers for Disease Control and Prevention has proposed guidelines for prioritizing who receives future COVID-19 vaccinations, highlighting nursing home employees in particular. In a Wednesday presentation, the agency’s Advisory Committee on Immunization Practices laid out scenarios for vaccine delivery targeting groups at high risk from severe disease. These include 17 million to 20 million U.S....

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market, including the market for RCFEs. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home Price–...

We see it all the time.  A Seller asks to meet with the objective of selling  their, RCFE home and business.  They have a general idea what their home could sell or lease for, and have a number in mind for what they want to sell their business for.  They know basically how much revenues and expenses are each month, but they don’t have financial statements which support the price they are hoping to...

The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the road ahead. We’ve talked before about what experts expect in the second half of this year, and today that...

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential real estate market, and by extension, the market...

Even though housing came to a standstill in April, the market for RCFEs roared back and trends have developed that foreshadow continued strength.   RCFE Housing Trends With a low supply and strong demand, the market has not been this hot since 2013. It was sudden. It was unnerving. Nobody had seen anything like it in their lifetime. A pandemic unfolded before everyone’s eyes. Major sports leagues...