State considers moratorium on nursing home construction, expansion
By
Kathleen Steele Gaivin
May 02, 2023
Legislation being considered in Iowa would place a six-month moratorium of the construction and expansion of nursing homes. The bill also would give Medicaid payers more power in recovering funds from...
Actions & Transactions, Dec. 21
By
Kathleen Steele Gaivin
Dec 21, 2021
Primrose announces plans for multi-million dollar retirement community in Aberdeen, TX … Campus Towers holds grand opening after $16M renovation project … Renaissance Senior Living to re-open in the...
Healthcare REITs report a 16.7% decline in earnings in second quarter
By
Amy Novotney
Aug 25, 2020
Earnings of all U.S. equity real estate investment trusts fell 21.7% to $11.6 billion during the second quarter, according to the Nareit Total REIT Industry Tracker Series report. Earnings, represented...
Hiring bias from AI-powered selection tool costs company $365,000 in settlement
By
Kathleen Steele Gaivin
Aug 16, 2023
The Equal Employment Opportunity Commission last week settled its first-ever lawsuit involving alleged age discrimination through the use of artificial intelligence tools in the hiring process. The result...
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
Life plan communities under pressure amidst coronavirus: Fitch Ratings
By
Amy Novotney
Mar 20, 2020
Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated...
Actions & Transactions, June 7
By
Kathleen Steele Gaivin
Jun 07, 2022
County housing authority to renovate Monroe, LA, retirement community … John Knox Village of Florida breaks ground on two-tower, $120M expansion … Cushman & Wakefield arranges sale of Crestavilla in...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Report backs immigration as a way to improve long-term care
By
Kathleen Steele Gaivin
Nov 09, 2022
Immigration reform could offer the solution for a growing number of Americans who want to age in place, according to a new research brief from the Brookings Institution
Green Street Advisors: ‘The property markets are in an adjustment period’
By
Amy Novotney
Apr 07, 2020
The Green Street Commercial Property Price Index declined by 1.3% last month, according to data released Monday by the firm.