News

Managing Risks in a Rising Interest Rate Environment
4/17/2015

Managing Risks in a Rising Interest Rate Environment

Since late 2007, the Federal Reserve (Fed) has used aggressive measures to keep interest rates low, inflate asset prices and stimulate the economy. Even though the Great Recession officially ended in September 2009, these monetary policies effectively remain in place today. Recently, however, the narrative has shifted from “if” to “when and how aggressively” rates will rise. Nonprofit organizations with investible assets and long-term debt should view this as an opportunity to manage interest rate risk.

High Deductible Health Plans: Increasing in Popularity with Consumers and What That Means for Hospitals
4/15/2015

High Deductible Health Plans: Increasing in Popularity with Consumers and What That Means for Hospitals

To date, the Affordable Care Act (ACA) has resulted in an estimated 32 million newly-insured Americans since 2010; nearly one-third of which purchased coverage through exchanges. On the surface, it appears that this would be nothing but positive news for health care providers, as their ability to collect for billed services should be enhanced with more insured consumers seeking care. However, taking a closer look at the plans the newly insured are choosing reveals a growing issue in collections for providers: the increasing popularity of high deductible health plans (HDHPs).

Off the Sidelines: Nonprofit Acquisition Activity Heats Up
4/14/2015

Off the Sidelines: Nonprofit Acquisition Activity Heats Up

For-profit senior living acquisitions have dominated headlines over the past few years, riding a robust wave of private capital and low borrowing costs. Recent activity, however, indicates that nonprofit organizations have not been merely sitting on the sidelines.

A Buyer’s Market: Fannie Mae Acquisition Loans
4/13/2015

A Buyer’s Market: Fannie Mae Acquisition Loans

For those receiving an abundance of real estate brokerage packages lately, one aspect is likely to stand out—the high prices sellers are asking for in today’s frothy acquisition market. Due to those high prices, as well as factors such as fewer closing contingencies, quicker closings and all-cash offers, now can be an ideal time to consider selling well-performing affordable apartment buildings.

Are You Compliant? The Expanding Definition of Fiduciary
4/11/2015

Are You Compliant? The Expanding Definition of Fiduciary

Since the passage of the Employee Retirement Income Security Act (ERISA) of 1974, the definition of “fiduciary” has largely remained unchanged. That definition, however, will remain static no longer as recently proposed regulations will redefine the term in the coming months. As such, plan sponsors should begin considering a revised compliance process using the new expanded definition.