CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
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.
End of pandemic-era payments to family caregivers could complicate workforce shortages
By
Kathleen Steele Gaivin
Sep 20, 2023
During the pandemic, most states allowed some form of payment to family caregivers whose loved ones were receiving Medicaid home- and community-based services. As those payments dry up, workforce shortages...
Overtime rule under review at White House
By
Kathleen Steele Gaivin
Jul 18, 2023
The Department of Labor’s proposed overtime rule has made its way to the White House Office of Management and Budget for final review. OMB approval is required under a 1993 executive order that requires...
OPI closes $30.7 million mortgage loan for Diversified Healthcare Trust merger
By
Kathleen Steele Gaivin
May 30, 2023
Newton, MA-based Office Properties Income Trust has begun implementing its financing strategy for its merger with Diversified Healthcare Trust, the real estate investment trust announced Friday. OPI has...
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
Lawmakers’ efforts aim to extend solvency of Social Security
By
Kathleen Steele Gaivin
Mar 07, 2023
A bill aimed at extending the solvency of the Social Security program has been proposed by Sens. Bernie Sanders (I-VT) and Elizabeth Warren (D-MA) as well as Reps. Jan Schakowsky (D-IL) and Val Hoyle (D-OR)....
Unions advise NLRB to rescind old ‘joint employer’ rule and also drop new one
By
Kathleen Steele Gaivin
Jun 17, 2024
The AFL-CIO and the Service Employees International Union have petitioned the National Labor Relations Board to rescind a 2020 joint employer rule but also back off on trying to implement a replacement,...
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...