Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Business briefs, July 11
By
Kathleen Steele Gaivin
Jul 11, 2024
Assisted living managers in CCRCs see 4.64% salary bump: report … CCRC nursing staff pay, bonuses continue steady rise, outpacing cost-of-living … Brookdale continues push toward pre-pandemic occupancy...
Sunrise Senior Living in ‘significant growth mode,’ adds 13 communities
By
Kathleen Steele Gaivin
Jul 10, 2024
Sunrise Senior Living has assumed the operation of 13 communities and expected to assume the operation of more communities in the third quarter, the McLean, VA-based company announced Monday.
Actions & Transactions, July 9
By
Kathleen Steele Gaivin
Jul 09, 2024
Alaska Tribal Health Consortium builds $70M SNF in Anchorage … Ohio AL welcomes new residents following ownership transition, $1M makeover … SilverPoint acquires 2 properties in Texas … ESI secures...
June job growth ‘solid, but not broad-based’
By
Kathleen Steele Gaivin
Jul 08, 2024
Job growth in the private sector slowed for the third consecutive month in June, according to the monthly ADP National Employment Report Economy Lab report, published Wednesday.
America’s pension system gets C+ rating, falling behind other countries
By
Kathleen Steele Gaivin
Jul 08, 2024
America’s pension system is failing to make the grade, according to a recent report from the Schwartz Center for Economic Policy Analysis.
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Lutheran Senior Services, Diakon agreement to combine comes to fruition
By
Kathleen Steele Gaivin
Jul 03, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities officially became part of Lutheran Senior Services on Monday. The action marks the completion of an agreement...
States increase efforts to draw workers to healthcare
By
Kathleen Steele Gaivin
Jul 03, 2024
Multiple states are taking efforts to build the healthcare workforce with training and certification programs.