Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
Private-sector employment sees biggest jump since July: ADP
By
Kathleen Steele Gaivin
Apr 04, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
Companies see financial wellness programs as ways to recruit, retain workers
By
Kathleen Steele Gaivin
Oct 23, 2023
Employers are seeing financial wellness programs — with offerings such as basic money management tools and financial planning seminars and webinars — as a means of recruiting and retaining workers,...
Ignite Medical Resorts continues growth trajectory with Indiana acquisition
By
Kathleen Steele Gaivin
Jun 04, 2024
Chicago-based Ignite Medical Resorts is expanding once again with the acquisition of the former Symphony of Chesterton in Chesterton, IN.
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
DOL rule increases cap for H-2B nonimmigrant visas
By
Kathleen Steele Gaivin
Nov 22, 2023
US Citizenship and Immigration Services has issued a temporary final rule to increase the cap for H-2B nonimmigrant visas by up to 64,716 additional visas for fiscal year 2024.
Ignite Medical Resorts continues growth burst, expands into 7th state
By
James M. Berklan
Nov 01, 2023
Ignite Medical Resorts completed the acquisition of two northwest Indiana skilled nursing facilities Tuesday, swelling its total holdings to 21.