Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...
ProMedica’s senior care division reports $93.1 million in losses for fourth quarter
By
Kathleen Steele Gaivin
Mar 15, 2022
Toledo-Ohio ProMedica’s senior care division generated an operating loss of $93.1 million for the fourth quarter of 2021, compared with the division’s operating loss of $43.5 million for the prior...
Eagle Senior Living sees ‘significant debt relief’ in restructuring plan
By
Kathleen Steele Gaivin
Apr 29, 2022
A reorganization plan for Eagle Senior Living will reduce the company’s debt by approximately $40 million and promises $28 million in new financing, according to the operator’s attorney. The U.S. Bankruptcy...
Skilled nursing operators should ‘embrace the change’ precipitated by pandemic challenges: Ziegler
By
Kathleen Steele Gaivin
Jan 18, 2022
The pandemic shows no signs of going away any time soon, but companies still must focus on strategic goals in 2022, according to specialty investment bank Ziegler.
Immanuel gives employees 23 percent pay increase, other benefits
By
Kathleen Steele Gaivin
Jul 01, 2021
Omaha, NE-based Immanuel Communities is increasing pay for workers at its 14 senior living communities and three Pathways PACE (Program of All-inclusive Care for the Elderly) centers across Nebraska and...
Sabra ‘in all likelihood’ will exit Enlivant portfolio, Matros says, as REITs take varied approaches...
By
Kathleen Steele Gaivin
Jun 10, 2021
Sabra Health Care REIT has yet to reach a decision about its joint venture with private equity firm TPG Real Estate, through which it has a 49% stake in a portfolio of dozens of Enlivant senior living...
Intergenerational programming a win-win for youngsters and older adults
By
Kathleen Steele Gaivin
Feb 18, 2022
Intergenerational programming and day care in senior living and care settings is a win-win situation for children and residents, some providers are discovering.
Long-term demand, increased investor interest expected to boost senior living this year: JLL
By
Kathleen Steele Gaivin
Apr 01, 2022
The senior housing sector is recovering from pandemic-related disruption, backed by strong long-term demand and increased investor interest, according to the results of a JLL survey published Thursday.
Greystone closes healthcare industry’s largest healthcare CMO at $450M
By
Kathleen Steele Gaivin
Dec 17, 2021
Greystone announced Thursday the closing of a $450 million commercial real estate collateralized loan obligation (CRE CLO), which the company said is the largest healthcare CLO in the industry’s history....
State lawmakers take action on COVID-19-related liability, vaccination legislation
By
Kathleen Steele Gaivin
Dec 02, 2021
More COVID-19-related legislation is working its way through state legislat