Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Providers turn to a variety of sources when setting executive incentives: Ziegler
By
Kimberly Bonvissuto
Apr 05, 2024
When it comes to incentive compensation for C-suite executives, many senior living and care organizations are turning to consultants and other sources to create competitive packages, according to the results...
People in the news, June 25
By
Eliza Mattson
Jun 25, 2024
Appointments, promotions and other news at The Aspenwood Company, Brookdale Senior Living, Ebenezer Senior Living, Grace Management, the Granger Cobb Institute, Invesque, The Jewish Home Family, Juniper...
LCS in rare company as ‘Exceptional Workplace’
By
Kathleen Steele Gaivin
Apr 05, 2023
Des Moines, IA-based Life Care Services is one of just 57 employers nationwide and the only senior living company to earn a 2023 Gallup Exceptional Workplace Award, the company announced last week. This...
NHI ‘in great shape to start growing’ again, CEO says
By
Kathleen Steele Gaivin
Mar 27, 2023
National Health Investors is reaping the benefits of portfolio optimization begun in 2022, according to President and CEO Eric Mendelsohn. The Murfreesboro, TN-based real estate investment trust is “in...
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Coalition backs House labor bill to prohibit federal funding for joint employer rule, electronic union...
By
Kimberly Bonvissuto
Jul 12, 2024
A coalition of senior living groups and other business organizations is urging support in the House of Representatives for the labor appropriations bill, which they say includes “critical” policy riders...
The Federal Trade Commission’s final rule on noncompete agreements, handed down last week, now faces additional legal challenges.
Brookdale to ‘shore up forecasting and financial control’ with leadership changes, analyst says
By
Kathleen Steele Gaivin
Jan 17, 2023
Leadership changes announced Friday by Brookdale Senior Living President President and CEO Lucinda “Cindy” Baier are meant to “shore up forecasting and financial control,” Stifel analyst Tao Qiu...