25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...
Recession could exacerbate ‘deteriorating’ outlook for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 19, 2023
A possible recession is looming around the corner and could spell trouble for continuing care retirement / life plan communities, according to a report released Monday by Fitch Ratings.
Older adults’ home equity tops $13 trillion in first quarter
By
Kathleen Steele Gaivin
Jul 02, 2024
Homeowners aged 62 or more years saw their housing equity grow by $328.5 billion in the first quarter, according to data released Friday by the National Reverse Mortgage Lenders Association.
Supreme Court affirmative action ruling could affect hiring practices
By
Kathleen Steele Gaivin
Jul 05, 2023
The Supreme Court’s affirmative action ruling Thursday related to college and university admissions could affect hiring practices at businesses, experts say.
Actions & Transactions, Nov. 29
By
Kathleen Steele Gaivin
Nov 29, 2023
WinnDevelopment breaks ground on $55.3M affordable senior housing in Holyoke, MA … Ziegler advises Eskaton on sale of Sacramento-area SNF … Good Shepherd Health Center plans construction of 3rd community...
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Outlook for senior living and care ‘somewhat mixed,’ Ziegler predicts
By
Kathleen Steele Gaivin
Feb 15, 2024
This year’s economic challenges for senior living and care will be “somewhat mixed,” according to specialty investment bank Ziegler’s annual recap of the previous year and predictions for the year...
Electronic signatures are new arbitration agreement challenge
By
Kathleen Steele Gaivin
Feb 07, 2024
Electronic signatures in arbitration agreements pose a potential challenge for employers, according to attorney Michael Kun, co-chair of law firm Epstein, Becker & Green’s wage and hour practice group.
Bank sues memory care community, calling for receivership and sale for alleged $17 million loan default
By
Kathleen Steele Gaivin
Jun 11, 2024
A bank is calling for a Georgia memory care community to be put into receivership and possibly be sold, saying it is owed almost $17 million for a loan.
American Healthcare REIT board neutral on Comrit’s latest ‘opportunistic’ offer
By
Kathleen Steele Gaivin
Mar 19, 2024
The American Healthcare REIT Board of Directors has made no recommendation regarding an amended, unsolicited third-party bid mini-tender offer from Comrit Investments, according to a filing Friday with...