Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Providers turn to a variety of sources when setting executive incentives: Ziegler
By
Kimberly Bonvissuto
Apr 05, 2024
When it comes to incentive compensation for C-suite executives, many senior living and care organizations are turning to consultants and other sources to create competitive packages, according to the results...
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Coalition backs House labor bill to prohibit federal funding for joint employer rule, electronic union...
By
Kimberly Bonvissuto
Jul 12, 2024
A coalition of senior living groups and other business organizations is urging support in the House of Representatives for the labor appropriations bill, which they say includes “critical” policy riders...
The Federal Trade Commission’s final rule on noncompete agreements, handed down last week, now faces additional legal challenges.
Texas power grid leaves some assisted living communities without power for days, raising questions for...
By
Kimberly Bonvissuto
Jul 16, 2024
Texas’ power grid struggled to get homes and business back online after Hurricane Beryl made landfall as a Category 1 storm last week, leaving some assisted living communities and nursing homes grappling...
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
Diversified Healthcare Trust announces personnel changes as it considers next steps in wake of failed...
By
Kimberly Bonvissuto
Sep 28, 2023
Diversified Healthcare Trust, or DHC, has announced changes to its board and executive leadership team, and has enlisted the services of a financial adviser, as it seeks solutions to its financial needs...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...