CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...
American Healthcare REIT board neutral on newest unsolicited mini-tender offer
By
Kathleen Steele Gaivin
Apr 12, 2024
The American Healthcare REIT Board of Directors will remain neutral on an unsolicited mini-tender offer from CMG Partners, the company said Wednesday in a filing with the Securities and Exchange Commission.
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
Supreme Court case appears favorable toward employer in unionization dispute
By
Kathleen Steele Gaivin
Apr 25, 2024
The Supreme Court appeared Tuesday to be leaning in favor of coffee chain Starbucks in a union-related lawsuit against the National Labor Relations Board that could affect all types of business owners.
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Private-sector employment sees biggest jump since July: ADP
By
Kathleen Steele Gaivin
Apr 04, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
Ignite Medical Resorts continues growth trajectory with Indiana acquisition
By
Kathleen Steele Gaivin
Jun 04, 2024
Chicago-based Ignite Medical Resorts is expanding once again with the acquisition of the former Symphony of Chesterton in Chesterton, IN.
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.