Capital Funding Group closes $12.5M HUD loan for refinancing of Ohio SNF, assisted living community … Legend Senior Living assumes management of Crescent Fields in Huntingdon Valley, PA, growing portfolio...
Business briefs, Aug. 20
By
Kathleen Steele Gaivin
Aug 20, 2024
Survey reveals half of Americans believe retiring at age 65 is unrealistic … Nursing home salaries slow year over year … Benchmark Senior Living at Leominster resident care director awarded Massachusetts...
Business briefs, Aug. 8
By
Kathleen Steele Gaivin
Aug 08, 2024
Provider seeks dismissal of class-action suit over alleged immigrant labor law violations … CCRC adopts Journeys memory care model … Connecticut launches grant program for home healthcare worker safety...
Business briefs, July 31
By
Kathleen Steele Gaivin
Jul 31, 2024
PA law limits use of noncompetes for healthcare practitioners, effective Jan. 1 … ClearWellness, University of North Texas collaborate on study of wellness benefits in independent living communities...
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Dwight Capital, Dwight Mortgage Trust close $390M in long-term care financing in second quarter
By
Kathleen Steele Gaivin
Jul 12, 2024
Miami-based Dwight Capital and its affiliate real estate investment trust, Dwight Mortgage Trust, financed $390.4 million in long-term care transactions during the second quarter of the year, the companies...
Business briefs, July 11
By
Kathleen Steele Gaivin
Jul 11, 2024
Assisted living managers in CCRCs see 4.64% salary bump: report … CCRC nursing staff pay, bonuses continue steady rise, outpacing cost-of-living … Brookdale continues push toward pre-pandemic occupancy...
Actions & Transactions, July 9
By
Kathleen Steele Gaivin
Jul 09, 2024
Alaska Tribal Health Consortium builds $70M SNF in Anchorage … Ohio AL welcomes new residents following ownership transition, $1M makeover … SilverPoint acquires 2 properties in Texas … ESI secures...
Actions & Transactions, July 3
By
Kathleen Steele Gaivin
Jul 03, 2024
Dwight Mortgage Trust provides $14M bridge acquisition loan for 10-SNF portfolio in Southeast … Benchmark’s Arbors at Shelburne completes ‘significant renovation’ … Blueprint advises on 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.