New York first state to require employers to offer paid prenatal leave
By
Kathleen Steele Gaivin
Apr 24, 2024
New York is set to become the first state to require employers to provide 20 hours of additional paid time off for pregnant workers for pregnancy-related medical care without requiring workers to tap into...
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...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
NHI investment pipeline exceeds $300 million
By
Kathleen Steele Gaivin
May 08, 2024
National Health Investors’ investment pipeline currently is valued at more than $300 million, Chief Investment Officer Kevin Pascoe said Tuesday on the Murfreesboro, TN-based real estate investment...
CareTrust REIT touts $260 million investment pipeline
By
Kathleen Steele Gaivin
May 06, 2024
San Clemente, CA-based CareTrust REIT began the year with strong investment activity, according to executives. The real estate investment trust completed investments of $118.8 million during the first...
Biden vetoes resolution to repeal NLRB ‘joint employer’ rule
By
Lois A. Bowers
May 07, 2024
President Joe Biden, as expected, on Friday announced his veto of a resolution to repeal the National Labor Relations Board’s “joint employer” rule.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
Ventas closed a new, $2.75 billion unsecured, revolving credit facility and extended the maturity of its outstanding credit, the Chicago-based real estate investment trust announced Wednesday.
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.
Perkins Eastman is newest resource partner for university retirement community website
By
Kathleen Steele Gaivin
Apr 18, 2024
Perkins Eastman has signed on as a resource partner with UniversityRetirementCommunities.com.