CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Actions & Transactions, Feb. 16
By
Kathleen Steele Gaivin
Feb 16, 2024
Capital Funding Group closes $15.3M loan to refinance Seattle senior living community … JLL arranges sale of 3 MO communities to Artimis/Scarp Ridge Arrow joint venture … LCS opens Woburn, MA, senior...
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...
End of pandemic-era payments to family caregivers could complicate workforce shortages
By
Kathleen Steele Gaivin
Sep 20, 2023
During the pandemic, most states allowed some form of payment to family caregivers whose loved ones were receiving Medicaid home- and community-based services. As those payments dry up, workforce shortages...
Business briefs, April 2
By
Kathleen Steele Gaivin
Apr 02, 2024
CMS finalizes 3.7% adjustment in MA rates for 2025 … Experts fear ‘bigger, stronger stick’ in new Medicare pay rule … White House designates April as Case Workers Recognition Month … National...
Actions & Transactions, March 15
By
Kathleen Steele Gaivin
Mar 15, 2023
Walker & Dunlop closes $46M in refinancing of Terrace Portfolio assisted living communities … CBRE provides $18.2M agency loan for refinancing of TX senior housing property … Lument arranges $15M HUD-insured...
End of PHE a good time to review employee accommodations—carefully, EEOC says
By
Kathleen Steele Gaivin
May 17, 2023
The end of the COVID-19 public health emergency does not mean that employers can automatically terminate reasonable accommodations that were provided due to pandemic-related circumstances, the Equal Employment...
‘Tripledemic’ slowing pace of long-term care move-ins: NIC
By
Kathleen Steele Gaivin
Dec 19, 2022
Senior living and care operators have reported a steady pace of move-ins for several months, but the “tripledemic” — respiratory syncytial virus (RSV), influenza and COVID-19 — is tempering the...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
Overtime rule under review at White House
By
Kathleen Steele Gaivin
Jul 18, 2023
The Department of Labor’s proposed overtime rule has made its way to the White House Office of Management and Budget for final review. OMB approval is required under a 1993 executive order that requires...