Pace of recovery from Hurricane Ian could be slow, Fitch warns
By
Kathleen Steele Gaivin
Oct 06, 2022
The pace of economic recovery for areas affected by Hurricane Ian could be slow compared with previous hurricanes, according to the experts at Fitch Ratings.
Proposed OSHA rule would double time for employees to report suspected employer criminal antitrust...
By
Kathleen Steele Gaivin
Feb 17, 2023
An interim final rule published by the Occupational Health and Safety Administration, if finalized as currently written, would give employees twice as much time as they have now to report suspected criminal...
AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050
By
Kathleen Steele Gaivin
Nov 14, 2022
Older adults contributed $45 trillion to the global gross domestic product in 2020, according to AARP’s recently released Global Longevity Economy Outlook.
After more than a decade of growth in the senior living industry, the pandemic brought significant losses. As the world transitions to a post-pandemic scenario, however, JLL Valuation Advisory anticipates...
Brookdale completes $100M refinancing, substantially prepays mortgages due in 2022
By
Kathleen Steele Gaivin
Dec 22, 2021
By taking on $100 million in mortgage debt, Brookdale Senior Living said Monday, it will substantially prepay debts scheduled to mature in 2022, saving millions of dollars in interest.
Ventas closed a new, $2.75 billion unsecured, revolving credit facility and extended the maturity of its outstanding credit, the Chicago-based real estate investment trust announced Wednesday.
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Vaccinate or get tested regularly: OMB signs off on OSHA’s vaccine mandate
By
Kathleen Steele Gaivin
Nov 02, 2021
The Occupational Health and Safety Administration’s much-anticipated vaccine mandate is expected to be published in the Federal Register as soon as Thursday, according to experts.
Headwaters Group officially launches in middle-market active adult rental space
By
Kathleen Steele Gaivin
Jan 06, 2023
Denver-based Headwaters Group formally announced its launch Wednesday to serve middle-market active adults.
DHC’s proposed merger with OPI opposed by second shareholder
By
Kathleen Steele Gaivin
Jun 14, 2023
A second shareholder has come forward formally expressing opposition to real estate investment trust Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust, which was announced...