State needs ‘continued investment’ in assisted living, department says
By
Kathleen Steele Gaivin
Apr 22, 2022
Pennsylvania’s long-term care system is under scrutiny as the commonwealth looks to “increase its investment in caring for our seniors and people with disabilities,” Pennsylvania Department of Human...
Actions & Transactions, June 14
By
Kathleen Steele Gaivin
Jun 14, 2021
Grandbridge provides $49.2M Fannie Mae loan to refinance Brightview Lake Tappan … Ziegler closes $48M financing for construction of Tabitha Grand Island … Ziegler facilitates Symphony Care $45.95M...
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
BeeHive Homes New Mexico hopes employee-first business model will set it apart
By
Kathleen Steele Gaivin
Aug 23, 2022
Beehive Homes New Mexico, a franchisee of Boise, ID-based Beehive Homes, is tackling labor challenges with an employee-first business model at its 34 assisted living communities.
Citizenship department updates expedited work permit process for healthcare workers
By
Kathleen Steele Gaivin
Feb 10, 2022
U.S. Citizenship and Immigration Services has published new guidance on expedited renewals for employment authorization applications for healthcare workers.
Catholic senior care provider expands footprint in Maine
By
Kathleen Steele Gaivin
Jan 06, 2022
At a time when some long-term care facilities in Maine have felt it necessary to shutter their doors due to staffing challenges and effects of the pandemic, one provider has decided to expand its presence...
Minnesota ramps up assisted living licensure requirements
By
Kathleen Steele Gaivin
Jun 03, 2021
Part of Minnesota’s new assisted living licensure law is set to take effect this summer.
Business briefs, July 29
By
Kathleen Steele Gaivin
Jul 29, 2021
Burdensome vaccine reporting requirements overwhelming providers dealing with COVID outbreaks, staff shortages … St. Marys, GA, senior living community to close due to staffing shortage … CareOne,...
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
Brookdale Senior Living sets 10+ year occupancy growth record
By
Kathleen Steele Gaivin
Jul 12, 2022
Brookdale Senior Living saw in June its highest second-quarter sequential average occupancy growth in more than 10 years