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...
SNFs leased from REITs score higher in CMS quality measure ratings
By
Kathleen Steele Gaivin
May 18, 2023
Skilled nursing properties that are leased from real estate investment trusts are likely to have better quality measure ratings for long-stay residents compared with properties that are leased from entities...
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...
Business briefs, Sept. 6
By
Kathleen Steele Gaivin
Sep 06, 2023
Shareholder Flat Footed willing to work with DHC following merger termination … Brookdale, Welltower maintain top positions on ASHA 50 lists … 67% of Americans approve of labor unions … Adapt, or...
Workplace discrimination lawsuits increase more than 50 percent, EEOC says
By
Kathleen Steele Gaivin
Oct 03, 2023
The Equal Employment Opportunity Commission filed more than 50% more employment discrimination lawsuits in fiscal year 2023 than it did the year before, the agency announced in a year-end litigation round-up.
Senior living and care pricing could decrease due to cap rates, operating expenses: survey
By
Kathleen Steele Gaivin
Mar 08, 2023
If not offset by record-setting rental rate growth, expected capitalization rate expansion and rising operating expenses could lead to a decrease in senior living and care pricing this year. That’s according...
ARPA funds still weeks away for assisted living, personal care providers
By
Kathleen Steele Gaivin
Feb 14, 2023
Assisted living residences and personal care homes will have to wait a little longer for American Rescue Plan Act payments to be distributed under Pennsylvania’s Act 54 of 2022. The payments have been...
Long-term care market optimism increases year over year: survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Senior living and care investments are poised for even or increased growth in 2024, according to the results of a survey by Dallas-based BBG real estate services.
Union membership drops to lowest percentage on record, but overall number increases
By
Kathleen Steele Gaivin
Jan 24, 2023
The union membership rate is at its lowest percentage on record, and the percentage of paid workers who were members of a union decreased to 10.1% in 2022 from 10.3% in 2021, according to the US Bureau...
Senior living poised to become ‘darling child’ of real estate, expert says
By
Kathleen Steele Gaivin
Oct 06, 2023
The senior living sector is poised for recovery over the next 12 to 18 months, according to Aron Will, CBRE’s vice chair and co-head of National Senior Housing Practice Capital Markets. In fact, he said,...