Milken Institute to spearhead Aging Innovation Collaborative with $3 million from NIC
By
Kathleen Steele Gaivin
Nov 07, 2023
The Santa Monica, CA-based Milken Institute has received a $3 million grant from the National Investment Center for Seniors Housing & Care to establish the Aging Innovation Collaborative within Milken’s...
Rebound expected for M&A in senior living and care
By
Kathleen Steele Gaivin
Feb 28, 2024
Mergers and acquisitions activity in senior living and care faltered in 2023 for various economic reasons, but M&A is expected to rebound this year, according to the experts at accounting and consulting...
BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...
NLRB case could lead to total ban on ‘captive audience’ meetings
By
Kathleen Steele Gaivin
Oct 17, 2023
A case pending before the National Labor Relations board “has the potential to significantly impact the rights of employers and employees in unionization campaigns,” the National Law Review reported.
Cap reached for H-2B visas as new tools are planned for H-1B visas
By
Kathleen Steele Gaivin
Jan 17, 2024
US Citizenship and Immigration Services has received enough petitions to reach the congressionally mandated cap for the additional 20,716 visas made available for returning workers for the first half of...
Ventas challenged by Land & Buildings with 3 board nominations
By
Kathleen Steele Gaivin
Jan 12, 2024
Stamford, CT-based Land & Buildings has put forth three candidates for Ventas’ board of directors to be voted on at the Chicago-based real estate investment trust’s next annual meeting of stockholders,...
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...
Unions now can represent workers, others in third-party wage claims
By
Kathleen Steele Gaivin
Jan 18, 2024
Unions in some cases can represent workers or third parties in wage claim lawsuits under legislation recently signed into law by New Jersey Gov. Phil Murphy (D).
Ventas sees strong pipeline of senior housing investments
By
Kathleen Steele Gaivin
Apr 02, 2024
Ventas is “focused on serving a large and growing aging population with an emphasis on senior housing,” the Chicago-based real estate investment trust said Monday in a business update issued in conjunction...
CareTrust REIT spends $60M to acquire 3 California CCRCs
By
Kathleen Steele Gaivin
Apr 03, 2024
CareTrust REIT has acquired three continuing care retirement communities for $60 million. The properties are located in the California counties of Los Angeles, Orange and San Diego.