Review corporate gift, entertainment acceptance policies as holidays approach, experts advise
By
Kathleen Steele Gaivin
Nov 21, 2023
It’s the time of year that vendors try to spread holiday cheer, often in the form of gifts and entertainment. That means it’s also time to review corporate policies before accepting even the smallest...
BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...
Artificial intelligence ‘amplifying’ effect of scams against older adults
By
Kimberly Bonvissuto
Nov 17, 2023
Last year, older Americans reported losing more than $1.6 billion to fraud. And increasingly, scammers are using artificial intelligence to make their schemes more effective.
Pandemic lockdowns had ‘profound’ effect on senior living residents’ families: study
By
Kimberly Bonvissuto
Nov 17, 2023
Constantly changing guidelines, fractured communication and being abruptly cut off from loved ones in nursing and residential care homes had a “profound” effect on the physical and mental health of...
‘Joint employer’ rule effective date extended by NLRB
By
Lois A. Bowers
Nov 17, 2023
The National Labor Relations Board has extended the effective date of its “joint employer” rule to Feb. 26, two months later than the original effective date.
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...
Sonida looks to close out ‘exceptional’ recovery year, focused on 2024 growth
By
Kimberly Bonvissuto
Nov 15, 2023
Sonida Senior Living is approaching the end of an “exceptional” year in its recovery, with increased occupancy and rate growth, along with stabilizing operating expenses.
Senior living operator to pay $59,000 in back wages, $7,000 in penalties for wage violations
By
Kimberly Bonvissuto
Nov 14, 2023
A Mississippi senior living operator must pay $59,000 in back wages for repeatedly shortchanging workers, plus an additional $7,000 in penalties for repeated violations, according to the Department of...
Senior living providers missing opportunities to get paid for everything they offer, expert says
By
Kimberly Bonvissuto
Nov 13, 2023
As senior living residents decline in acuity and need more services and care, it’s more important than ever for providers to be aware of the full-package value of their amenities and services so they...
Geography matters in senior living trademark battle, judge finds
By
Kimberly Bonvissuto
Nov 13, 2023
Geography was the deciding factor in a trademark infringement suit pitting two senior living operators against one other over the naming of a new community.