Bill to ban noncompete agreements considered by New York City lawmakers
By
Kathleen Steele Gaivin
Mar 19, 2024
After New York Gov. Kathy Hochul (D) in January vetoed a bill that would have banned most noncompete agreements in the state, lawmakers in New York City are considering a ban within city limits.
2024 to be year of ‘extraordinary growth’ for Wellower, CEO says
By
Kathleen Steele Gaivin
Apr 15, 2024
2024 will be a year of “extraordinary growth” for Welltower, CEO Shankh Mitra predicted Friday in an annual report to investors.
SAGECare celebrates training milestone
By
Kathleen Steele Gaivin
Apr 25, 2024
New York City-based LGBTQ+ aging cultural competency training provider SAGECare has reached a milestone: educating more than 250,000 participants through its training and credentialing program for providers...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Post-hire noncompete agreements void in California as of Feb. 14
By
Kathleen Steele Gaivin
Dec 20, 2023
Come Valentine’s Day, all current pre- and post-hire noncompete agreements will become void in the state of California.
NHI ‘significantly undervalued,’ Land & Buildings says, encouraging shareholders to vote against...
By
Kathleen Steele Gaivin
Apr 19, 2024
Land & Buildings Investment Management is encouraging National Health Investors shareholders to vote against two incumbent directors, Robert Webb and Charlotte Swafford, at the real estate investment trust’s...
DHC to use $1.5 billion mixed securities shelf proceeds for acquisitions, investments
By
Kathleen Steele Gaivin
Jun 24, 2024
Diversified Healthcare Trust has filed a prospectus with the Securities and Exchange Commission related to a $1.5 billion mixed securities shelf offering and sale.
Top CEO concerns: political uncertainty, interest rates, capital cost, potential economic slowdown
By
Kathleen Steele Gaivin
Mar 14, 2024
olitical uncertainty ranks as a leading concern for 45.3% of CEOs this year, according to the results of a survey by national accounting and advisory firm Marcum and Hofstra University’s Frank G. Zarb...
American Healthcare REIT ‘bullish’ on long-term care prospects, exec says
By
Kathleen Steele Gaivin
Mar 25, 2024
American Healthcare REIT is “bullish” on the prospects for senior living and skilled nursing over the next several years, President and CEO Danny Prosky said on Friday’s earnings call with...
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...