First Citizens provides $30M to refinance Amavida Living community in Fort Myers, FL … SageLife opens Village Crossing at Worman’s Mill in Frederick, MD … Confluent Senior Living, Harbor Retirement...
Business briefs, May 25
By
Kathleen Steele Gaivin
May 18, 2023
Labor Department announces $12M+ in grant funding for worker safety, health training … Omega Healthcare Investors: Margin performance driven by consistent revenue streams, triple-net leases and conservative...
Nurse training pilot program a ‘win-win’ for Presbyterian Homes & Services
By
Kathleen Steele Gaivin
May 17, 2023
A pilot program between St. Paul, MN-based Presbyterian Homes & Services and the Eagan, MN, campus of Rasmussen University aims to fuel the nursing pipeline by training practical nurses to work at PHS.
End of PHE a good time to review employee accommodations—carefully, EEOC says
By
Kathleen Steele Gaivin
May 17, 2023
The end of the COVID-19 public health emergency does not mean that employers can automatically terminate reasonable accommodations that were provided due to pandemic-related circumstances, the Equal Employment...
Federal apprenticeship program would get $3.8 billion boost under bipartisan bill
By
Kathleen Steele Gaivin
May 16, 2023
The bipartisan National Apprenticeship Act of 2023, if signed into law, would invest more than $3.8 billion over five years and create almost a million new opportunities, Andrea Price-Carter, director,...
HUD takes ‘tremendous step forward’ with funding to promote ‘green’ affordable housing retrofits
By
Kathleen Steele Gaivin
May 15, 2023
The Department of Housing and Urban Development is making new funding available to help Section 202 Supportive Housing for the Elderly Program and other multifamily housing owners improve energy or water...
Actions & Transactions, May 15
By
Kathleen Steele Gaivin
May 15, 2023
Holiday by Atria community in East Longmeadow, MA, begins $1.5M renovation project … Blueprint advises publicly traded REIT on sale of 30-unit assisted living, memory care community in San Angelo, TX...
Aveanna Healthcare, CareTrust REIT, Invesque and Sonida Senior Living reported first-quarter results on Thursday.
Actions & Transactions, May 12
By
Kathleen Steele Gaivin
May 12, 2023
Welltower closes on $1.035 billion of exchangeable senior notes … JLL Capital Markets arranges joint venture equity for Centric Development’s senior living project in Fredericksburg, VA … Harrison...
Pennant, NHC report earnings
By
Kathleen Steele Gaivin
May 08, 2023
The Pennant Group and National HealthCare Corp. provided quarterly financial updates Friday to stakeholders.