Expansion will proceed, despite COVID-19 challenges
By
Amy Novotney
Jul 30, 2020
Investment Banking firm HJ Sims recently announced the successful closure of $6.6 million in financing for pre-development capital toward the pursuit of an expansion at the Raleigh, NC-based life plan...
Workers could get 12 weeks of paid leave under Biden’s newly proposed American Families Plan
By
Amy Novotney
Apr 29, 2021
Senior living and care operators soon could be required to provide workers with 12 weeks of paid family and medical leave, thanks to President Joe Biden’s newly proposed American Families Plan.
Regional Health Properties experiences continued occupancy decreases, increased costs due to COVID-19
By
Amy Novotney
Aug 24, 2020
Regional Health Properties reported last week that the Suwanee, GA-based real estate investment trust had collected 85% of its expected monthly rental receipts from tenants through July, adding that the...
Banks preparing for flood of small-business loan forgiveness applications as lawmakers delay passing...
By
Amy Novotney
May 26, 2020
Companies that received funding under the Paycheck Protection Program in early April can begin to submit forgiveness applications this week, even as lawmakers consider program modifications.
COVID-19 roundup: Dow posts record point gain as Congress nears economic stabilization plan; Healthpeak...
By
Amy Novotney
Mar 25, 2020
U.S. stocks closed ahead on Tuesday, buoyed by optimism about the government’s response to the coronavirus crisis and reports of a potential Senate vote Wednesday on the stimulus bill.
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Most large employers expect to offer vaccines to employees on-site: survey
By
Amy Novotney
Apr 06, 2021
Many large employers are expecting to offer COVID-19 vaccines on-site for workers by the end of the year, finds a survey released last week by the National Alliance of Healthcare Purchaser Coalitions....
COVID-19 pushes some struggling senior living and care facilities into default
By
Amy Novotney
Jun 04, 2020
Thanks to higher-than-expected costs related to COVID-19, some struggling senior living and skilled nursing facilities are being pushed into default, according to a report Wednesday in Bond Buyer.
After COVID-19 delays, employers now have until July 19 to submit 2 years of employee pay data
By
Amy Novotney
Mar 30, 2021
After a pause in the process as a result of the ongoing COVID-19 public health emergency, employers again will be required to submit summary employee pay data for 2019 and 2020 to the Equal Employment...
BMO Capital Markets expects quicker SNF occupancy recovery, though risks remain with government support...
By
Amy Novotney
Jan 12, 2021
Real estate investment trusts with a large share of skilled nursing operators in their portfolios are likely to see occupancy rates recover more quickly than the more elongated recovery of senior living-focused...