With less-than-expected rent payments, Omega Healthcare Investors faces lower FAD in Q4
By
Kathleen Steele Gaivin
Dec 05, 2023
Two restructured operators of Omega Healthcare Investors paid less contractual rent than owed in November, the Hunt Valley, MD-based real estate investment trust said Monday in an online investor presentation.
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
Senators debate whether Social Security funding increase is needed
By
Kathleen Steele Gaivin
Mar 21, 2024
Whether increased Social Security funding is needed was the focus of discussion at a Wednesday hearing of the Senate Special Committee on Aging.
Employers can’t penalize workers for time off taken under FMLA, court rules
By
Kathleen Steele Gaivin
Mar 18, 2024
Employers must consider and adjust performance expectations accordingly for time off that employees take under the Federal Medical Leave Act, the 7th Circuit Court of Appeals has ruled.
American Healthcare REIT board neutral on Comrit’s latest ‘opportunistic’ offer
By
Kathleen Steele Gaivin
Mar 19, 2024
The American Healthcare REIT Board of Directors has made no recommendation regarding an amended, unsolicited third-party bid mini-tender offer from Comrit Investments, according to a filing Friday with...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
New York first state to require employers to offer paid prenatal leave
By
Kathleen Steele Gaivin
Apr 24, 2024
New York is set to become the first state to require employers to provide 20 hours of additional paid time off for pregnant workers for pregnancy-related medical care without requiring workers to tap into...
Collaboration seeks to provide pipeline of nursing graduates, professionals
By
Kathleen Steele Gaivin
Feb 06, 2024
A new collaboration in New York seeks to provide direct career pathways for students, graduates, nurses, advanced practice providers and physician assistants; expand career opportunities for nursing professionals;...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
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...