CareTrust REIT spends $60M to acquire 3 California CCRCs
By
Kathleen Steele Gaivin
Apr 03, 2024
CareTrust REIT has acquired three continuing care retirement communities for $60 million. The properties are located in the California counties of Los Angeles, Orange and San Diego.
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Invesque sells $68.4 million in SNF properties in first quarter
By
Kathleen Steele Gaivin
May 13, 2024
Invesque sold $68.4 million in skilled nursing properties during the first quarter, the Fishers, IN-based healthcare real estate investment company announced Thursday in a quarterly earnings report. The...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
Companies are ditching ‘DEI’ for less politically charged nomenclature
By
Kathleen Steele Gaivin
May 21, 2024
The term “diversity, equity and inclusion” (DEI) is falling out of favor among American businesses, as the name has taken on a negative and politically charged connotation, according to a recent...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Maryland becomes sixth state to require salary, wage disclosures in job listings
By
Kathleen Steele Gaivin
May 10, 2024
Effective Oct. 1, Maryland will join five other states and the District of Columbia in requiring employers to disclose salary or wage ranges upfront in job listings.
Activist investor Land & Buildings responded Thursday to the supplemental proxy that National Health Investors published Tuesday.
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
Senators debate whether Social Security funding increase is needed
By
Kathleen Steele Gaivin
Mar 21, 2024
Whether increased Social Security funding is needed was the focus of discussion at a Wednesday hearing of the Senate Special Committee on Aging.