Merger with OPI still ‘best path’ for DHC, top exec says
By
Kathleen Steele Gaivin
Jul 28, 2023
A proposed merger with Office Properties Income Trust is the “best path for long-term value preservation” for Newton, MA-based Diversified Healthcare Trust, DHC’s President and CEO Jennifer Francis...
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
Hiring, retaining workers starts with positive company culture
By
Kathleen Steele Gaivin
Jul 12, 2023
A positive company culture affects the bottom line and improves training, recruitment and retention, according to presenters at a Tuesday webinar hosted by Health Dimensions Group.
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
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.
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Service-providing jobs increase by 373,000, according to ADP report
By
Lois A. Bowers
Jul 10, 2023
Service-providing jobs increased by 373,000 in June, according to a new report produced by the ADP Research Institute. Annual pay was up 6.4%.