DOJ appeals court-ordered temporary stay of OSHA vaccine rule
By
Kathleen Steele Gaivin
Nov 11, 2021
After a three-judge panel on the Fifth Circuit Court of Appeals temporarily blocked the Biden administration’s new mandatory vaccination rules Saturday, the Department of Justice responded late Monday,...
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Welltower raises guidance, says performance ‘in line with expectations’
By
Kathleen Steele Gaivin
Jun 08, 2022
Toledo, OH-based Welltower has revised its guidance for the second quarter.
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
Florida extends protection against COVID-19 legal claims for another year
By
Kathleen Steele Gaivin
Feb 28, 2022
Long-term care and other healthcare providers will be protected against COVID-19-related legal claims until June 1, 2023, under a bill signed into law Thursday by Florida Gov. Ron DeSantis (R).
Earnings call recap: Pennant Group, National Health Investors
By
Kathleen Steele Gaivin
May 11, 2022
The Pennant Group and National Health Investors held first-quarter earnings calls Tuesday.
Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...
‘Pervasive’ staffing shortage poses dilemmas for skilled nursing sector
By
Kathleen Steele Gaivin
Oct 25, 2021
Staffing shortages have become “pervasive” nationwide since the pandemic began, and the acute shortage of nursing staff and aides in skilled nursing facilities likely has not hit rock bottom yet, National...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.