Vantage Point Retirement Living, Ocean Atlantic Companies launch $60M partnership to build senior living facility … Berkadia provides $22M HUD-insured loan for Seagirt Seniors Housing … Presbyterian...
Bipartisan bill would change tax treatment of certain mergers
By
Kathleen Steele Gaivin
Mar 25, 2024
Certain mergers would be treated differently for tax purposes if a bill introduced Thursday by Sens. JD Vance (R-OH) and Sheldon Whitehouse (D-RI) becomes law.
Massachusetts AG will appeal court decision to dismiss landmark COVID case alleging nursing home neglect
By
Kathleen Steele Gaivin
Dec 16, 2021
Massachusetts Attorney General Maura Healey filed a notice of appeal Tuesday in Hampden County Superior Court seeking to overturn a lower court’s dismissal of criminal charges lodged against two leaders...
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...
Actions & Transactions, Oct. 7
By
Kathleen Steele Gaivin
Oct 07, 2022
LECOM Health pays $7.27M for Independence Court of Erie, PA … HJ Sims closes life insurance loan for senior living community … Thrive at Montvale, NJ, holds grand opening … Molina Healthcare closes...
Lutheran Life Communities responds to ‘Great Resignation’ with rewards for perfect attendance
By
Kathleen Steele Gaivin
Jan 20, 2022
Long-term care operators need to get creative to compete for workers amid pandemic-induced labor challenges. Arlington Heights, IL-based Lutheran Life Communities is responding to the “Great Resignation”...
Omnicare names Ahmed Hassan president
By
Kathleen Steele Gaivin
Jun 30, 2022
Long-term care pharmacy giant Omnicare announced Tuesday the appointment of Ahmed Hassan as president of the Cincinnati, OH-based company, effective Friday. Hassan is charged with executing the firm’s...
Ohio Living, Brio Living Solutions consider affiliation
By
Kathleen Steele Gaivin
Jan 31, 2023
Westerville, OH-based Ohio Living and Grand Rapids, MI-based Brio Living Services (formerly UMRC & Porter Hills) are exploring a potential strategic affiliation aimed at expanding aging service offerings...
Brio among ‘Best and Brightest’ employers
By
Kathleen Steele Gaivin
Jul 26, 2023
Chelsea/Grand Rapids, MI-based Brio Living Services, formerly known as United Methodist Retirement Communities & Porter Hills, is the only long-term care provider among the top 101 companies named to the...
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.