Senior living construction costs expected to increase 3 to 6 percent
By
Kathleen Steele Gaivin
Feb 21, 2024
Senior living construction costs will average 3 to 6% more in 2024 compared with 2023, although costs will vary by market, according to a special issue brief by The Weitz Co. prepared for the American...
NHI sells portfolio of nine Holiday properties
By
Kathleen Steele Gaivin
Aug 11, 2021
“It’s been a busy 2021, and the breakneck speed won’t’ be ending anytime soon,” National Health Investors CEO and President Eric Mendelsohn said in Tuesday’s second quarter earnings call.
USCIS launches H-2A employer data hub
By
Kathleen Steele Gaivin
Mar 01, 2022
information on American employers or agents petitioning for H-2A workers. H-2A visas allow for the lawful admission of temporary, nonimmigrant workers to perform certain temporary or seasonal jobs. USCIS...
Decline in nursing home residents spurs long-planned strategic moves for one long-term care operator
By
Amy Novotney
Apr 20, 2021
The COVID-19 pandemic has offered a bit of a silver lining for one Connecticut long-term care operator: the impetus for making long-planned strategic changes in skilled nursing and an expansion in its...
Merger with OPI still ‘best path’ for DHC, top exec says
By
Kathleen Steele Gaivin
Jul 28, 2023
A proposed merger with Office Properties Income Trust is the “best path for long-term value preservation” for Newton, MA-based Diversified Healthcare Trust, DHC’s President and CEO Jennifer Francis...
Barron’s: Skilled-nursing-focused REIT CareTrust in good shape amidst pandemic
By
Amy Novotney
Jun 02, 2020
With plenty of balance sheet flexibility, San Clemente, CA-based CareTrust appears ready to weather the pandemic successfully and continue growing in the near term, predict experts at Barron’s and Seeking...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
‘Devastating consequences’: Worker shortages lead to facility closures
By
Kathleen Steele Gaivin
Sep 09, 2021
Hiring and retaining direct care workers is a common challenge across the country, and according to one long-term care facility owner in Oklahoma, staff shortages are crippling the industry.
Almost a third (30%) of the organizations included on the 2022 LeadingAge Ziegler 200 list released last month provide third-party management to at least one other community.
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.