Lifespace Communities aims to get, keep employees with double-digit percentage wage increases
By
Kathleen Steele Gaivin
Dec 02, 2021
With an eye toward recruitment and retention, and maybe even luring some previous employees back, Dallas and West Des Moines, IA-based Lifespace Communities is investing $17 million into wage increases,...
75 percent of Invesque properties now senior living, CEO says
By
Kathleen Steele Gaivin
Mar 17, 2023
Seventy-five percent of Invesque’s properties as of the end of 2022 are senior living communities — independent living, assisted living and memory care, Chairman and CEO Scott White said Thursday during...
Healthcare leads all other industries in jobs advertised
By
Kathleen Steele Gaivin
Feb 08, 2024
The healthcare industry is leading all others in active job postings, according to a new study from the Schmidt & Clark law firm.
Personal savings a priority as two-thirds of Americans brace for recession: report
By
Kathleen Steele Gaivin
May 22, 2023
As Americans brace for a possible recession, some baby boomers, those born between 1945 and 1964, are putting off actions such as buying a new home in favor of increasing personal savings toward retirement....
Occupancy recovery continues, but rising operating expenses remain a concern: NIC
By
Kathleen Steele Gaivin
Mar 11, 2022
Rising operating expenses may limit the degree to which operating margins will grow in the next six months, according to the latest Executive Survey Insights report, released Thursday by the National Investment...
OSHA’s move to make COVID standards permanent met with skepticism from long-term care industry groups
By
Kathleen Steele Gaivin
Jan 05, 2023
The final version of the Occupational Health and Safety Administration’s rule meant to protect healthcare workers from COVID-19 has reached the White House Office of Management and Budget for review...
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.
Mather prepares to enter third state armed with $300 million construction loan
By
Kathleen Steele Gaivin
Oct 15, 2021
Senior living provider Mather has secured $300 million in construction financing to build The Mather, a life plan community, in Tysons, VA.
Senior housing total investment return rises again in Q3: NIC
By
Kathleen Steele Gaivin
Dec 15, 2022
The senior living sector has seen nine consecutive quarters of total investment return gains since the second quarter of this year, according to a National Investment Center for Seniors Housing & Care...
Almost a third of nation’s workforce earns less than $15 an hour, research shows
By
Kathleen Steele Gaivin
Mar 25, 2022
New research from Boston-based Oxfam America indicates that 51.9 million workers, 31.9% of the nation’s workforce, earn less than $15 an hour.