Alura by Inspired Living holds ribbon-cutting ceremony … United Health Care Partners breaks ground on $11.2M Heartlands Senior Living Community … Greyhound provides $27.8M HUD-insured loan to refinance...
Business briefs, May 20
By
Kathleen Steele Gaivin
May 20, 2021
Fitch Ratings upgrades Givens Estates’ IDR to ‘A-’ … Pennsylvania Department of Health reports 90 COVID-19-specific nursing home investigations in April … “Compassion, Community, Caring”...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Business Daily briefs for Wednesday, May 12
By
Kathleen Steele Gaivin
May 12, 2021
Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors...
Employment (CARE) Opportunity Act would invest $1B in direct care workforce
By
Kathleen Steele Gaivin
May 12, 2021
The Direct Creation, Advancement, and Retention of Employment (CARE) Opportunity Act would invest more than $1 billion over five years in training and increasing opportunities for the direct care workforce,...
U.S. Court of Appeals upholds California’s retirement savings program
By
Kathleen Steele Gaivin
May 11, 2021
The Ninth U.S. Circuit Court of Appeals on Friday upheld a lower court ruling in favor of the California Secure Choice Retirement Savings program, or CalSavers.
Actions & Transactions, May 26
By
Kathleen Steele Gaivin
May 26, 2021
JLL Capital Markets arranges $21.3M financing for Shores at Clear Lake … ESI arranges $9.15M sale of Indiana senior living community … Cincinnati Metropolitan Housing Authority plans construction of...
Business briefs, May 26
By
Kathleen Steele Gaivin
May 26, 2021
California judge rules against city’s decision to deny proposed senior facility … PointClickCare launches revenue cycle management services to improve profitability for SNFs … American Nurses Credentialing...
CCRC occupancy trends lower but better than non-CCRCs: analysis
By
Kathleen Steele Gaivin
May 25, 2021
Occupancy in continuing care retirement communities fell 1.4 percentage points from the fourth quarter to 84.3% through the first quarter of 2021, according to data released Friday by the National Investment...
Business briefs, May 25
By
Kathleen Steele Gaivin
May 25, 2021
Missouri lawmakers hurt long-term care by failing to approve Medicaid provider tax, tying anti-abortion add-on to legislation … Software company, web-based referral service launch platform to monitor,...