BLS: Nursing, residential care facilities add 11,000 jobs in February
By
Kathleen Steele Gaivin
Mar 11, 2024
Nursing and residential care facilities, collectively, generated 11,000 jobs in February, according to Friday’s jobs report from the Bureau of Labor Statistics.
Earnings call wrap-up: REITs take a look senior housing investments heading into third quarter
By
Kathleen Steele Gaivin
Aug 02, 2021
The senior housing real estate market for the most part is turning the corner on pandemic setbacks, according to second-quarter earnings reports on Friday.
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations
By
Amy Novotney
Feb 22, 2021
Aided by better-than-anticipated rent collection in the fourth quarter, real estate investment trust LTC Properties beat the expectations of analysts, reporting funds from operations of 78 cents per share....
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Ventas to take over Santerre skilled nursing, senior living, medical office properties
By
Kathleen Steele Gaivin
Apr 03, 2023
Ventas will assume ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, the Chicago-based real estate investment trust announced...
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Federal interventions needed to support immigrants, a solution to workforce shortages: report
By
Kathleen Steele Gaivin
Sep 28, 2023
Federal-level policy interventions, such as providing work authorizations and pathways to citizenship, are needed to better support immigrant direct care workers and address workforce shortages, according...
Mather’s move into third state progresses as vertical construction begins on life plan community
By
Kathleen Steele Gaivin
Apr 21, 2022
Mather is marking its entry into the commonwealth of Virginia as vertical construction is set to begin on The Mather at Tysons in northern Virginia. The company already operates life plan communities (also...
OPI closes $30.7 million mortgage loan for Diversified Healthcare Trust merger
By
Kathleen Steele Gaivin
May 30, 2023
Newton, MA-based Office Properties Income Trust has begun implementing its financing strategy for its merger with Diversified Healthcare Trust, the real estate investment trust announced Friday. OPI has...