Ortelius may offer Capital $70 million in equity rights as alternative to Conversant transaction
By
Kathleen Steele Gaivin
Sep 14, 2021
Ortelius Advisors founder and managing member Peter DeSorcy reportedly has said he is willing to backstop a new equity rights offering of up to $70 million for Capital Senior Living as an alternative to...
Background check bill raises red flags for advocates as overly broad
By
Kathleen Steele Gaivin
Mar 14, 2022
The Connecticut Senate is mulling legislation that would require long-term care facilities to conduct background checks on prospective residents and staff. But some opponents say the legislation is overly...
It’s a good time to invest in senior housing: Motley Fool
By
Kathleen Steele Gaivin
Jun 02, 2022
After the many challenges of the COVID-19 pandemic, this could be a good time to invest in senior housing, according to Liz Brumer-Smith, a real estate investor and Motley Fool contributor. Five of the...
OSHA inspections into healthcare companies lower than expected, Fisher Phillips discovers
By
Kathleen Steele Gaivin
Mar 09, 2022
Data from Fisher Phillips’ recently launched OSHA inspections tracker gave the law firm’s attorneys pause, as the results showed that healthcare inspections from the Occupational Health and Safety...
Methodist Retirement Communities eyes middle market during 60th anniversary year
By
Kathleen Steele Gaivin
Mar 07, 2022
As the Woodlands, TX-based Methodist Retirement Communities marks its 60th anniversary, President and CEO Alan Brown told the McKnight’s Business Daily that he would like to see the organization expand...
Business briefs, June 29
By
Kathleen Steele Gaivin
Jun 29, 2021
CT retirement community converts to solar power … Mortgage rates rise above 3%: Freddie Mac … Fitch Ratings assigns BBB– IDR to Kendal at Lexington … Affordable senior housing building sets aside...
COVID-19 bill may protect senior living community from liability in resident’s death
By
Kathleen Steele Gaivin
Jul 16, 2021
A provision included in a COVID-19 relief bill passed by the North Carolina General Assembly last year might provide a Charlotte assisted living and memory care community and its parent company immunity...
Actions & Transactions, June 23
By
Kathleen Steele Gaivin
Jun 23, 2022
Capital Funding Group closes $32.9M construction loan for CA assisted living, memory care community … Greystone places $23.5M in financing for 2 Spectrum senior housing properties in Indiana and Arizona...
Business briefs, June 10
By
Kathleen Steele Gaivin
Jun 10, 2022
SNF’s ‘Rainbow Wing’ meant to ‘ensure all residents feel comfortable and safe’ … Alaska affiliate of AHCA/NCAL changes name … Acts Retirement–Life Communities marks 50th anniversary …...
Provider, policy action can stabilize staffing levels during infectious disease outbreaks, researchers...
By
Kathleen Steele Gaivin
Jul 25, 2022
Provider and policy action are needed to counter the effects of staff absences and departures, particularly during infectious disease outbreaks such as COVID-19, that may put nursing home residents at...