No prison for nursing home owner who botched Hurricane Ida evacuation, leading to 7 resident deaths … 3 MA SNFs placed in receivership …VNA community in Somerville, MA, receives affordable housing...
Largest affordable senior housing community built within past decade to open this fall
By
Kathleen Steele Gaivin
Jul 30, 2024
Sawyer’s Walk, the largest affordable senior housing community built in the United States, will open in Miami this fall, according to developer SG Holdings, a partnership among Swerdlow Group, SJM Partners...
Actions & Transactions, July 25
By
Kathleen Steele Gaivin
Jul 25, 2024
Lument closes $38.8M Freddie Mac refinance for CA senior living communities … ESI arranges sale of Beacon Ridge SNF in PA … Omega Healthcare Investors declares quarterly dividend … Linus Health acquires...
NLRB issues new rule regarding workers’ union representation decisions
By
Kathleen Steele Gaivin
Jul 29, 2024
The National Labor Relations Board on Friday issued a final rule that it said restores and protects workers’ decisions regarding whether they want to be represented by a union in the workplace.
Earnings calls wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Jul 31, 2024
Welltower and LTC Properties reported second-quarter earnings to investors and analysts on Tuesday.
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Christian Horizon files for bankruptcy under Chapter 11, will continue operations during restructuring
By
Kathleen Steele Gaivin
Jul 17, 2024
Joining a growing number of struggling senior living and care providers, Midwest Christian Villages, doing business as Christian Horizons, on Tuesday filed for reorganization under Chapter 11 bankruptcy.
NURSE Visa act would allow qualified nurses into US to alleviate shortages
By
Kathleen Steele Gaivin
Jul 24, 2024
The National Urgent Recruitment for Skilled Employees, or NURSE, Visa Act, introduced Monday, aims to allow some foreign nurses to work in the United States amid a labor shortage
Find long-term funding solution for Social Security now, 87 percent of respondents to survey say
By
Kathleen Steele Gaivin
Jul 24, 2024
Americans overwhelmingly want action now on a long-term funding solution for Social Security, according to a research brief by the National Institute on Retirement Security.
Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.