Gray Area of the Law Blog

Florida senior living facilities must apply for property tax exemptions by March 1, 2024. Various statutes provide exemptions based on facility type and services offered.

Senior Housing News highlights how AI enhances senior living. Examples include Alexa for social interaction and in-room sensors for real-time issue alerts. 

The Employee Retention Credit (ERC) provided COVID relief to businesses in 2020 and 2021. Despite potential benefits, caution is advised due to risks, disclaimers, and potential IRS audits.

A survey by the National Investment Center for Seniors Housing & Care shows improved staffing trends, declining shortages, increased full-time vacancies filled, and rising occupancy rates.

Senior housing owners face $10 billion maturing debt in a positive market, but challenges with rising rates, reinvestment needs, and limited bank loans.

Senior Housing News reports industry recovery with rising occupancy but struggles in mergers and acquisitions despite positive trends in 2022.

Ventas approaches senior living cautiously, preferring third-party managers, while Welltower embraces self-management for independent living, confident in cost control and margin growth.

Get a peek at senior housing trends in 2023: From evolving active adult communities to consumer demands, REIT speculations, tech shifts, ESG focus, consolidation risks, and healthcare roles.

As federal review on marijuana progresses, senior living communities anticipate policy shifts for resident cannabis use. Wise operators prepare for potential changes in care standards.

Discover how a unique program at Ichoan Nursing Home in Kitakyushu, Japan, brings joy to residents by pairing them with toddlers, fostering meaningful connections and mutual benefits.

IRS grants relief for senior living businesses impacted by Covid-19. Late filers of 2019 or 2020 tax returns can benefit from penalty waivers—act before September 30, 2022.

Senior housing operators face a formidable duo: staffing shortages and rising costs. Innovation becomes imperative in this challenging landscape.

In the senior housing sector, supply chain and staffing challenges persist. Creative solutions, like innovative staffing models and group purchasing alliances, aim to ease the financial strain.

A US News and World Report article unveils specialized assisted living activities for dementia residents— one-on-one socializing, arts, music, puzzles, therapy animals, and outdoor exercise.

FDA approves second booster for Pfizer-BioNTech and Moderna Covid-19 vaccines, targeting adults 50+ and immunocompromised individuals amid rising concerns about the BA.2 variant.

Juniper Communities in New Jersey is making waves, using sales staff to recruit both residents and employees. A unique approach to workforce challenges worth exploring.

A Senior Housing News article explores risks like overbuilding, Covid variants, and staffing challenges. Amid construction growth, challenges demand strategic consideration.

Senate Bill 988, the “No Patient Left Alone Act,” addressing COVID-19 isolation consequences, is set for approval in Florida, enabling in-person visitation for residents with minimal restrictions.

Senior Housing News showcases CEO Loe Hornbuckle's innovative approach to architectual design, merging comfort and functionality in senior living with split-bed buildings.

In a recent survey by Senior Housing News, industry leaders express optimism for 2022 despite COVID challenges. Key findings reveal high hopes for senior housing occupancy and growth.

Senior living focused on luxury, but pricey for many. Middle market now seen as growth opportunity. To succeed, operators must balance affordability and profitability.