Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
States increase efforts to draw workers to healthcare
By
Kathleen Steele Gaivin
Jul 03, 2024
Multiple states are taking efforts to build the healthcare workforce with training and certification programs.
Companies not protected from data breach lawsuits after governor vetoes bill
By
Kathleen Steele Gaivin
Jul 01, 2024
Florida Gov. Ron DeSantis (R) last week vetoed legislation that would have made companies immune from data breach lawsuits in certain instances.
Actions & Transactions, June 28
By
Kathleen Steele Gaivin
Jun 28, 2024
Tutera, Shelbourne hold cut ribbon for $55M senior living community in Chesterfield, MO … Pinnacle Living, Spring Arbor Senior Living transition 2 communities to Pinnacle … Berkadia negotiates sale...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Actions & Transactions, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
Actions & Transactions, June 17
By
Kathleen Steele Gaivin
Jun 17, 2024
American Healthcare REIT declares quarterly distribution of $0.25 per share … Ensign declares quarterly dividend of $0.06 per share … IRA Capital acquires Lynnwood, WA, senior living community …...
Supreme Court ruling a victory for employers not supportive of worker unionization efforts
By
Lois A. Bowers
Jun 14, 2024
A Supreme Court ruling on Thursday marked a victory for petitioner Starbucks, and it also was a victory for employers that don’t support worker efforts to unionize.