Social Security updates occupations list used in disability evaluation process … Far right could ‘neuter’ unionization efforts, group says … Fitch Ratings upgrades Masonicare to A-; outlook stable...
June job growth ‘solid, but not broad-based’
By
Kathleen Steele Gaivin
Jul 08, 2024
Job growth in the private sector slowed for the third consecutive month in June, according to the monthly ADP National Employment Report Economy Lab report, published Wednesday.
Older adults’ home equity tops $13 trillion in first quarter
By
Kathleen Steele Gaivin
Jul 02, 2024
Homeowners aged 62 or more years saw their housing equity grow by $328.5 billion in the first quarter, according to data released Friday by the National Reverse Mortgage Lenders Association.
Capital Funding Group closes $42M HUD in financing for SNFs in 2 states
By
Kathleen Steele Gaivin
Jun 25, 2024
Capital Funding Group announced Monday that it had closed on a HUD financing package totaling $42 million, on behalf of an unnamed “nationally recognized” borrower, for the purchase of three skilled...
Federal judge blocks enforcement of noncompete final rule for some employers
By
Kathleen Steele Gaivin
Jul 09, 2024
A federal judge has issued a stay and preliminary injunction that will block enforcement of the Federal Trade Commission’s final rule on noncompete agreements for some employers.
States increase efforts to draw workers to healthcare
By
Kathleen Steele Gaivin
Jul 03, 2024
Multiple states are taking efforts to build the healthcare workforce with training and certification programs.
IDB Bank arranges $201.5 million in financing for 21-SNF portfolio
By
Kathleen Steele Gaivin
Jun 24, 2024
New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Caroliona and Texas.
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...