There are 7 important elements to put in place when someone purchases an existing assisted living home. Those are: The Real Estate, Operations, Real Estate Contract, Asset Purchase Agreement, Real Estate Lease, Lease Purchase Agreement, and Zoning.
Read MoreNew proposed regulations put small and Medicaid assisted living residences at risk in Colorado. Building standards developed by the Facilities Guidelines Institute take a "one size fits all" approach that will make it impossible to create new small and affordable homes for seniors. This comes at a time when seniors are demanding smaller home environments in neighborhoods over big facilities in commercial areas.
Read MorePinkowski Law & Policy Group, LLC submitted comments today to the CDPHE's draft regulation of assisted living residences. We believe that promulgation of this draft will result in fewer consumer choices, a reduced number of assisted living service providers in the face of a growing aging population, and a disproportionate impact on smaller assisted living providers.
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