ProMedica shakes up leadership amid troubled finances
By
Kathleen Steele Gaivin
May 26, 2022
In the wake of continued financial woes, Toledo, OH-based Promedica made significant changes to its executive leadership team on Monday. Tausha Moore, the company’s director of public relations,...
Temporary inflation could hit senior housing market in wake of economy reboot
By
Kathleen Steele Gaivin
Jul 13, 2021
A temporary uptick in inflation could loom on the horizon, affecting the senior living market, according to a new report from Marcus & Millichap.
Senior living company focuses on ‘upside’ of getting older
By
Kathleen Steele Gaivin
Dec 01, 2022
Peter Badgley and Jake Rothstein founded start-up company Upside two years ago, billing the firm as a “new category of senior living.”
Long-term care ‘full bore ahead’ on DEIB initiatives
By
Kathleen Steele Gaivin
Mar 15, 2023
Corporate diversity pledges have fallen off at some companies amid layoffs, according to media reports, but long-term care is “full bore ahead on [diversity, equity, inclusion and belonging],” a representative...
Revel launches program allowing residents to live seasonally at another community
By
Kathleen Steele Gaivin
Aug 09, 2021
Scottsdale, AZ-based Revel Communities has unveiled a program that will enable residents to explore new places by allowing them to rent fully furnished, short-term rental homes across the brand’s portfolio...
Sabra, Sienna JV to acquire $243M senior living portfolio from Extendicare
By
Kathleen Steele Gaivin
Feb 04, 2022
Irvine, CA-based Sabra HealthCare REIT and Markham, Ontario-based Sienna Senior Living have formed a joint venture to purchase an 11-property portfolio of private-pay senior living communities for $243...
Senators debate whether Social Security funding increase is needed
By
Kathleen Steele Gaivin
Mar 21, 2024
Whether increased Social Security funding is needed was the focus of discussion at a Wednesday hearing of the Senate Special Committee on Aging.
38 percent of workers are subject to noncompete agreements, GAO says
By
Kathleen Steele Gaivin
May 18, 2023
An estimated 38% of workers have been subject to an NCA at some time in their careers, the US Government Accountability said in a new report.
Capital credits increasing resident vaccination rates, less restrictive visitation for continued occupancy...
By
Kathleen Steele Gaivin
Jul 23, 2021
Capital Senior Living on Thursday reported four consecutive months of growth, with occupancy at 79.1% at the end of June.
Employers can’t penalize workers for time off taken under FMLA, court rules
By
Kathleen Steele Gaivin
Mar 18, 2024
Employers must consider and adjust performance expectations accordingly for time off that employees take under the Federal Medical Leave Act, the 7th Circuit Court of Appeals has ruled.