Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.
Long-term care eligible for cut of $2M in workforce development grants
By
Kathleen Steele Gaivin
Jul 08, 2022
Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.
VIUM Capital closes 2021 with record transactions totaling $700M; nearly in the fourth quarter
By
Kathleen Steele Gaivin
Jan 24, 2022
VIUM Capital closed 42 transactions, totaling approximately $700 million, during 2021. Almost half of those transactions occurred during the fourth quarter, the Columbus-OH based senior housing and healthcare...
President Biden asks businesses to voluntarily proceed with vaccinate-or-test requirements
By
Kathleen Steele Gaivin
Dec 03, 2021
President Joe Biden detailed plans Thursday for combating COVID-19 this winter, particularly in light of the emerging omicron variant.
Private buyers dominate senior housing transactions in first quarter
By
Kathleen Steele Gaivin
May 03, 2022
Of the $1.2 billion of closed deals in the first quarter of 2022, private buyers represented $877 million, or 76%, of the closed volume, according to data released at a recent webinar hosted by NIC MAP.
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Lead volumes, move-ins on the rise: NIC
By
Kathleen Steele Gaivin
Jun 28, 2021
Lead volume has increased since the beginning of the year, and the pace of move-ins accelerated in the past 30 days, according to executive survey highlights published Thursday by the National Investment...
$1 billion record set for mini-perm / bridge loans to senior living: NIC
By
Kathleen Steele Gaivin
May 16, 2022
The issuance of new mini-perm / bridge loans for senior living operators hit a record high of nearly $1 billion in the fourth quarter of 2021, whereas the issuance of permanent senior living loans moderated,...
DHC will regain compliance by end of 2024, execs predict
By
Kathleen Steele Gaivin
Nov 03, 2023
Diversified Healthcare Trust has more than $700 million of debt coming due next year and remains out of compliance with its debt and current covenant. But the Newton, MA-based real estate investment trust,...