Hines looks to raise $1B for fund targeting senior living and other property types
By
Kathleen Steele Gaivin
Jan 13, 2022
Houston-based international real estate firm Hines announced Monday the launch of its flagship tactical fund series in the United States. The fund is looking to raise $1 billion in equity, with a purchasing...
Thanksgiving weekend brought new COVID-19 concerns: the omicron variant
Nov 29, 2021
Saturday, the CDC issued a statement stressing that “no cases of this variant have been identified in the U.S. to date.”
Poor sleep, daytime napping could be signs of Alzheimer’s
By
Lois A. Bowers
Jan 10, 2019
Poor-quality sleep could be an early sign of Alzheimer’s disease in older adults, according to the findings of a new study, published Jan. 9 in the journal Science Translational Medicine.
Beware of compliance obligations when accepting provider relief funds, attorney says
By
Kimberly Bonvissuto
Sep 10, 2020
The federal government answered the call for relief earlier this month when it deemed that assisted living providers now are eligible for provider relief funds. But that relief comes with some pretty significant...
PharMerica plans to ‘get aggressive’ about assisted living
By
Lois A. Bowers
Feb 26, 2017
Long-term care pharmacy company PharMerica Corp. intends to launch a new initiative focused on assisted living to increase its share of that market this year, CEO Greg Weishar said Friday during an earnings...
Nonprofit providers face alarming market forces, must rally, LeadingAge chairman says
By
Tim Mullaney
Oct 22, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association...
Ascension settles federal immigration-related discrimination claims
By
Kimberly Bonvissuto
Aug 26, 2021
St. Louis-based Ascension, which includes 40 Ascension Living senior living and care communities as well as 146 hospitals across 19 states and Washington, D.C., has reached a $84,832 settlement with the...
Keeping keepers
By
John Andrews
Mar 01, 2018
There’s little doubting that senior living now faces a severe worker shortage, but new tools also are emerging.
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
A Place for Mom is sold to new investors
By
Lois A. Bowers
Jul 06, 2017
A Place for Mom is being sold to technology investment firm Silver Lake and global growth equity firm General Atlantic by its current investor, growth private equity firm Warburg Pincus, the companies...