Ventas closed a new, $2.75 billion unsecured, revolving credit facility and extended the maturity of its outstanding credit, the Chicago-based real estate investment trust announced Wednesday.
$250 million CCRC expansion no longer on hold, thanks to state Supreme Court
By
Kathleen Steele Gaivin
Nov 07, 2022
A $250 million expansion project at a Virginia continuing care retirement community no longer is on hold now that the state Supreme Court has refused to hear an appeal from condominium owners seeking to...
High Court case could clip union’s use of strikes as a bargaining strategy
By
Kathleen Steele Gaivin
Oct 12, 2022
Labor unions’ bargaining power through the use of strikes could be affected by a ruling in a case before the Supreme Court. The case is centered on how the court interprets provisions of the National...
State considers moratorium on nursing home construction, expansion
By
Kathleen Steele Gaivin
May 02, 2023
Legislation being considered in Iowa would place a six-month moratorium of the construction and expansion of nursing homes. The bill also would give Medicaid payers more power in recovering funds from...
Hiring bias from AI-powered selection tool costs company $365,000 in settlement
By
Kathleen Steele Gaivin
Aug 16, 2023
The Equal Employment Opportunity Commission last week settled its first-ever lawsuit involving alleged age discrimination through the use of artificial intelligence tools in the hiring process. The result...
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Gender wage gap widens with age
By
Kathleen Steele Gaivin
Jul 10, 2024
“Older women workers — who comprise 47% of the labor force ages 55 and older — are plagued by a gender wage gap that is even larger than the one their younger counterparts experience,” according...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Report backs immigration as a way to improve long-term care
By
Kathleen Steele Gaivin
Nov 09, 2022
Immigration reform could offer the solution for a growing number of Americans who want to age in place, according to a new research brief from the Brookings Institution
Costs for linked-benefit long-term care insurance policies drop up to 15 percent from last year
By
Kathleen Steele Gaivin
Mar 15, 2023
Costs for linked-benefit long-term care insurance policies — policies linked with another type of policy, such as life insurance — generally are between 10% and 15% lower in 2023 than they were a year...