Trilogy Health Services to expand, build properties in 4 Midwest states
By
Lois A. Bowers
Jul 26, 2024
Louisville, KY-based Trilogy Health Services on Thursday announced plans to develop or expand its senior living or skilled nursing offerings in four Midwest states: Indiana, Kentucky, Michigan and Ohio.
Invesque announced several moves Wednesday to preserve cash and strengthen the company’s balance sheet. These included the suspension of its dividend for common shareholders, executive compensation and...
Increased pay among SNF execs likely to stick around: experts
By
Liza Berger
Oct 29, 2020
Although the pandemic has had a negative effect on many aspects of long-term care, skilled nursing executives’ salaries may not be one of them. COVID-19 actually is pushing up industry executives’...
LifeLoop acquires Linked Senior, adding 600 senior living communities as customers
By
Kathleen Steele Gaivin
Jul 19, 2024
Denver-based LifeLoop has acquired resident engagement platform Linked Senior and added it to its own software platform, LifeLoop announced on Thursday.
NLRB withdraws appeal of decision enjoining ‘joint employer’ rule
By
Lois A. Bowers
Jul 22, 2024
The National Labor Relations Board on Friday withdrew its appeal of a district court ruling that enjoined its “joint employer” final rule.
Commercial insurance market in ‘state of flux’ for senior housing and care
By
Kathleen Steele Gaivin
Jul 22, 2024
The commercial insurance market for long-term care operators “is in a state of flux, influenced by both lingering effects of the pandemic and broader economic factors,” Janice Loper, vice president...
Thrive Senior Living heads to South Korea with new joint venture
By
Kathleen Steele Gaivin
Jul 17, 2024
Atlanta-based Thrive Senior Living has launched a joint venture in Seoul, South Korea, with GH Partners, the newly formed company, Thrive-GPH, announced Tuesday.
Berkadia closes record-breaking $1.7 billion transactions in first half of year
By
Kathleen Steele Gaivin
Jul 19, 2024
Berkadia Seniors Housing & Healthcare completed more than $1.7 billion in sales and financings across 49 transactions in the first half of the year, the company announced Wednesday.
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
Sunrise Senior Living in ‘significant growth mode,’ adds 13 communities
By
Kathleen Steele Gaivin
Jul 10, 2024
Sunrise Senior Living has assumed the operation of 13 communities and expected to assume the operation of more communities in the third quarter, the McLean, VA-based company announced Monday.