K4Connect raises $8.9M from investors in latest funding round
By
Kathleen Steele Gaivin
Jul 17, 2023
Morrisville, NC-based K4Connect has raised $8.9 million from 14 investors, according to a Thursday filing with the Securities and Exchange Commiss
Healthpeak reduces carbon footprint by 4 percent
By
Kathleen Steele Gaivin
Jun 22, 2023
Denver-based real estate investment trust Healthpeak Properties reduced greenhouse gas emissions by 4% in 2022, for an overall decrease of 43% over the past 12 years, on a like-for-like basis. That’s...
Birchwood closes first round for $100 million 5V+ Seniors Healthcare Fund
By
Kathleen Steele Gaivin
Jun 16, 2023
Chicago-based healthcare fund management firm Birchwood Healthcare Partners has completed the initial closing of its 5V+ Seniors Healthcare Fund, the company announced Thursday.
Long-term care adds 9,000 jobs in May, Labor Department says
By
Kathleen Steele Gaivin
Jun 05, 2023
Nursing and residential care facilities added 9,000 jobs in May, according to employment data released Friday by the Department of Labor’s Bureau of Labor Statistics.
Americans are facing a “new retirement reality” brought on by economic challenges such as inflation, market volatility, financial crises and fears of bank failures, according to a recently released...
Health services, education sector loses 29,000 jobs in May
By
Kathleen Steele Gaivin
Jun 02, 2023
Private-sector employment added 278,000 jobs last month, but the health services and education sector lost 29,000 jobs. That’s according to the May ADP National Employment Report produced by the ADP...
OPI closes $30.7 million mortgage loan for Diversified Healthcare Trust merger
By
Kathleen Steele Gaivin
May 30, 2023
Newton, MA-based Office Properties Income Trust has begun implementing its financing strategy for its merger with Diversified Healthcare Trust, the real estate investment trust announced Friday. OPI has...
Senior living asking rates hit near-record highs year over year: NIC
By
Kathleen Steele Gaivin
May 30, 2023
Growth for asking rates for independent living, assisted living and memory care each hit “near record highs” in the first quarter, National Investment Center for Seniors Housing & Care Chief Economist...
Personal savings a priority as two-thirds of Americans brace for recession: report
By
Kathleen Steele Gaivin
May 22, 2023
As Americans brace for a possible recession, some baby boomers, those born between 1945 and 1964, are putting off actions such as buying a new home in favor of increasing personal savings toward retirement....