Cocktail lounge attendant? Eclectic mix of people filling heretofore unheard-of senior living positions
By
Kathleen Steele Gaivin
Jun 29, 2022
“Cocktail lounge attendant” isn’t the sort of job one often sees for a senior living community, but Atria Senior Living’s Coterie Cathedral Hill is not a typical senior living community. The San...
Long-term care operator transitions TNAs to CNAs in ‘Grand’ style
By
Kathleen Steele Gaivin
Jun 29, 2022
The Valley Stream, NY-based Grand Healthcare nursing and rehabilitation system recently graduated 85 home-grown certified nursing assistant students through its in-house training program.
New proposed ‘joint employer’ definition coming in July, NLRB says
By
Kathleen Steele Gaivin
Jun 24, 2022
Changing the definition of joint employer status under the National Labor Relations Act is high on the National Labor Relations Board’s to-do list, according to a list of spring rulemaking priorities...
Lutheran Services in America expands rural aging initiative to 4 states
By
Kathleen Steele Gaivin
Jun 24, 2022
Lutheran Services in America said Thursday that it will expand its rural aging initiative into more states to help older adults experiencing social isolation and difficulty accessing services and supports...
Business briefs, June 24
By
Kathleen Steele Gaivin
Jun 24, 2022
$18 million tech startup eyes creating efficiencies specifically for assisted living … Sinceri Senior Living communities use virtual reality headsets for resident programming … TIAA, Azzi Fudd and...
‘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...
Distinctive Living expands to 22 properties, with 11 under development
By
Kathleen Steele Gaivin
Jun 22, 2022
Freehold Township, NJ-based Distinctive Living has added five new senior living communities to its portfolio, the company announced Friday. The properties are in Alabama, Connecticut and Pennsylvania.
Actions & Transactions, June 22
By
Kathleen Steele Gaivin
Jun 22, 2022
Integra Investments, EHDOC complete $58M affordable senior housing community in Miami … Cambridge Realty provides $5.3M HUD Lean loan to refinance Guthrie Center, IA, senior living community … Lloyd...
CareTrust REIT leads real estate investment trusts in female board membership
By
Kathleen Steele Gaivin
Jun 15, 2022
Sixty percent of CareTrust REIT’s board members are women, making it the leader in this regard among publicly traded real estate investment trusts, according to an analysis by S&P Global Market Intelligence.
‘Out-of-favor’ asset classes gaining interest among investors
By
Kathleen Steele Gaivin
Jun 14, 2022
Gaining renewed focus are “out-of-favor” asset classes for which a catalyst exists that can turn them into “in-favor” asset classes, Dan Gorczycki, managing director of TrueRate Services, wrote...