Ventas completes $2.3 billion acquisition of New Senior Investment Group
By
Kathleen Steele Gaivin
Sep 23, 2021
Ventas announced Tuesday the completion of the real estate investment trust’s acquisition of New Senior Investment Group in an all-stock transaction valued at $2.3 billion.
Business briefs, Oct. 18
By
Kathleen Steele Gaivin
Oct 18, 2023
Understaffing is driving force behind lawsuits against long-term care providers, legal experts say … FHA expands access to mortgage financing for homes with ‘granny flats’ … Medicare A and B premiums...
New York first state to require employers to offer paid prenatal leave
By
Kathleen Steele Gaivin
Apr 24, 2024
New York is set to become the first state to require employers to provide 20 hours of additional paid time off for pregnant workers for pregnancy-related medical care without requiring workers to tap into...
SNFs leased from REITs score higher in CMS quality measure ratings
By
Kathleen Steele Gaivin
May 18, 2023
Skilled nursing properties that are leased from real estate investment trusts are likely to have better quality measure ratings for long-stay residents compared with properties that are leased from entities...
50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...
Business briefs, Sept. 6
By
Kathleen Steele Gaivin
Sep 06, 2023
Shareholder Flat Footed willing to work with DHC following merger termination … Brookdale, Welltower maintain top positions on ASHA 50 lists … 67% of Americans approve of labor unions … Adapt, or...
Actions & Transactions, July 22
By
Kathleen Steele Gaivin
Jul 22, 2021
Greystone provides $15.8M bridge loan for purchase of PA long-term care campus … Wallick Communities Asset Management proposes $8.5M senior living complex in Franklin, IN … Glenmeadow Retirement Community...
Nearly half of senior living properties see occupancy increase
By
Kathleen Steele Gaivin
Aug 03, 2021
Approximately 18% of properties within the 31 NIC MAP Vision primary markets, and 18% of properties within the 68 secondary markets, reported an increase in occupancy rates in the second quarter, according...
Workplace discrimination lawsuits increase more than 50 percent, EEOC says
By
Kathleen Steele Gaivin
Oct 03, 2023
The Equal Employment Opportunity Commission filed more than 50% more employment discrimination lawsuits in fiscal year 2023 than it did the year before, the agency announced in a year-end litigation round-up.