Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...
Senior housing investment takes a ‘modest step back’
By
Kathleen Steele Gaivin
Jul 26, 2022
The economic recovery embraced by senior housing investors a year ago is still happening, but it has taken a “modest step back” in the face of increasing costs, inflation and interest rate hikes, Beth...
Caregiver discrimination in workplace, updated COVID-19-related rules addressed by EEOC
By
Kathleen Steele Gaivin
Mar 16, 2022
The Equal Employment Opportunity Commission on Monday released a technical assistance document on caregiver discrimination well as an update to document explaining discrimination against employees and...
Americans have poor understanding of retirement income planning
By
Kathleen Steele Gaivin
Feb 16, 2024
Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.
Amazon commits $21M to pilot program for real estate developers of color
By
Kathleen Steele Gaivin
Jan 07, 2022
E-commerce tech company Amazon has launched a multimillion dollar program to help real estate developers of color advance their careers in the industry.
‘Bold legislation’ needed to ensure affordable housing availability, group says
By
Kathleen Steele Gaivin
Mar 15, 2024
Adults older than 62 years account for 31% of adults who need affordable housing, according to a new report from the National Low Income Housing Coalition. The group’s CEO said that “bold legislation”...
Newly launched Endeavor Senior Living plans to invest $500 million into properties
By
Kathleen Steele Gaivin
Aug 22, 2022
Denver-based Endeavor Senior Living, which launched earlier this year, is seeking to invest $500 million into senior living properties.
Proposed ‘joint employer’ rule could be finalized in August
By
Kathleen Steele Gaivin
Dec 22, 2022
The National Labor Relations Board’s proposed “joint employer” rule, barring unforeseen circumstances, should be finalized in August, the board stated Wednesday in an updated filing with the District...
More senators urge HHS to distribute PRF resources to healthcare providers
By
Kathleen Steele Gaivin
Sep 09, 2021
Senate Minority Leader Mitch McConnell (R-KY) and other Republican senators have added their voices to the growing number of lawmakers urging Health and Human Services Secretary Xavier Becerra to release...
Federal government boosts support of HCBS, releases worker registry guidance
By
Kathleen Steele Gaivin
Dec 13, 2023
When the American Rescue Plan Act was passed in 2021, home- and community-based services were estimated to receive $12 billion. Now, $37 billion is now being used for HCBS across the country in all 50...