$19M in grants available to improve job opportunities for older adults
By
Kathleen Steele Gaivin
Apr 15, 2024
The Department of Labor announced last week the availability of approximately $19 million in grants for current national recipients in the Senior Community Service Employment Program to apply for additional...
California bill would impose more controls on private equity investments in healthcare
By
Kathleen Steele Gaivin
Apr 09, 2024
A bill under consideration by the California State Legislature would “add scrutiny on private equity companies when considering healthcare investments, amplifying the pressure already imposed by enforcement...
HUD announces income limits, $174 million in ‘green’ funding
By
Kathleen Steele Gaivin
Apr 04, 2024
The Department of Housing and Urban Development has announced the next round of funding awards under its Green and Resilient Retrofit Program, which provides funding for direct loans and grants to fund...
Living wills not relevant in signing arbitration agreements, court says
By
Kathleen Steele Gaivin
Apr 02, 2024
Being the power of attorney of a living well does not give that person the right to sign arbitration agreements on behalf of the patient, the California Supreme Court ruled last Thursday. The decision...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Eleventh hour spending bill includes $117 billion for HHS
By
Kathleen Steele Gaivin
Mar 26, 2024
A $1.2 trillion spending bill approved by the Senate early Saturday morning includes $117 billion for Department of Health and Human Services operations. This sum allocates $4.1 billion for the administrative...
Jobs Corps program extended through Sept. 30, receives $1.76 billion in funding
By
Kathleen Steele Gaivin
Mar 26, 2024
Congress awarded the Job Corps program $1.76 billion in funding through Sept. 30 as part of the $1.2 trillion package approved Saturday. This maintains the program’s fiscal 2023 funding level, according...
Bipartisan bill would change tax treatment of certain mergers
By
Kathleen Steele Gaivin
Mar 25, 2024
Certain mergers would be treated differently for tax purposes if a bill introduced Thursday by Sens. JD Vance (R-OH) and Sheldon Whitehouse (D-RI) becomes law.
Actions & Transactions, March 20
By
Kathleen Steele Gaivin
Mar 20, 2024
Greystone closes $425M healthcare CLO … Commonwealth Senior Living expands footprint in Grand Rapids, MI … Wu, Pressley, Warren cut ribbon on JJ Carroll House in Brighton, MA … Health Dimensions...
HumanGood completes $35 million renovation project in southern California
By
Kathleen Steele Gaivin
Mar 14, 2024
Duarte, CA-based HumanGood has completed a $35 million renovation at The Gardens, an affordable senior housing community in Glendale, CA.