Invesque considering restructuring options with two senior living and care tenants
By
Amy Novotney
Aug 14, 2020
Invesque reported solid second quarter financial results Wednesday. The real estate investment trust cited cost-cutting measures announced in the first quarter to strengthen liquidity and preserve cash....
Stimulus grants helping Diversicare and NHC withstand pandemic’s decreased revenue and significant...
By
Amy Novotney
Aug 07, 2020
Brentwood, TN-based Diversicare felt the impact of COVID-19 “in a very real way” in the second quarter, recording more than 2,500 positive cases in patients, residents and staff, affecting 56 of the...
Small businesses in dire straits, CEOs warn Congress
By
Amy Novotney
Aug 04, 2020
Nearly 100 current and former CEOs of companies both large and small sent a letter to congressional leaders Monday pressing them for additional, longer-term support for small businesses.
Here’s the COVID-19 information borrowers should be sharing with lenders: Ziegler
By
Amy Novotney
Jul 17, 2020
Most borrowers know that amidst the onset of COVID-19, ongoing disclosure to lenders with regards to how the pandemic is impacting the organization is crucial. But how often should operators be providing...
Business briefs for Thursday, July 16
Jul 16, 2020
Here’s what to expect in the next stimulus bill, which could be introduced as early as next week … Ohio county receives $100,000 Alternative and Clean Energy Program grant to develop seniors housing...
Looking for provider relief funds? These tips can help
By
Amy Novotney
Jun 25, 2020
Earlier this month, the Department of Health and Human Services announced that it would distribute approximately $15 billion in grants to eligible state Medicaid and Children’s Health Insurance Program...
Loan forgiveness uncertainty creeps into new federal program
By
Amy Novotney
Jun 16, 2020
The ongoing changes being made to the federal government’s Paycheck Protection Program have left many small businesses uncertain as to whether they will have to pay the loan back.
Business briefs for Monday, June 1
Jun 01, 2020
Argentum: Impact of COVID-19 on senior living could be $50 billion … House passes bill extending PPP forgiveness deadline and adjusts how much must be use for payroll expenses … U.S. mortgage applications...
Nursing homes continue fight for legal immunity
By
Amy Novotney
May 27, 2020
Nineteen states have granted nursing homes new immunity from civil liability either by executive order or statute, according to a report in TheHill Monday.
Healthcare REITs see slight uptick in May rent payments: Nareit
By
Amy Novotney
May 20, 2020
Rent payments collected by healthcare real estate investment trusts in May increased slightly from April, according to data collected by the National Association of Real Estate Investment Trusts, or Nareit.