American Baptist Homes of the West and be.group have completed their merger, creating the largest nonprofit senior living provider in California and one of the largest in the country.
NLRB proposes change to joint employer standard
By
Lois A. Bowers
Sep 14, 2018
A senior living operator or other employer would be defined as a “joint employer” of another company’s workers only if it “possesses and exercises substantial, direct and immediate control over...
McKnight’s announces first Hall of Honor inductees
By
Lois A. Bowers
Mar 14, 2019
The inaugural class of Hall of Honor inductees includes executive-level women who have made significant contributions to the senior housing and care field.
Insurance company to expand assisted living coverage as part of $4.85 million lawsuit settlement
By
Lois A. Bowers
Sep 13, 2018
CNA Financial Corp. is expected to expand its coverage of beneficiaries in assisted living communities in 11 states as part of a lawsuit settlement worth up to $4.85 million. The company was accused of...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
New SEC rule will make it harder to save for retirement, AARP says
By
Lois A. Bowers
Jun 07, 2019
The Securities and Exchange Commission says its new standards of conduct for financial professionals will protect consumers and help investors “make an informed choice of the relationship best suited...
Assisted living may become ‘more consequential’ in health system, Welltower CEO predicts
By
Lois A. Bowers
Jul 30, 2018
Assisted living and memory care “may become more consequential” in the healthcare system, and the recent complex deal involving Welltower, ProMedica Health System and HCR ManorCare “is...
People in the news, Oct. 23
Oct 23, 2018
Appointments and promotions at Cadence Living, HHHunt, Lorien Health Services and Watermark Retirement Communities.
LTC Properties to sell half of its Brookdale Senior Living communities
By
Lois A. Bowers
May 01, 2023
LTC Properties plans to sell approximately half of the 35 Brookdale Senior Living communities it owns and re-lease the other half, Chief Investment Officer and Co-President Clint Malin said Friday during...
Quality Care Properties reduces ManorCare’s rent
By
Lois A. Bowers
Jan 02, 2018
Quality Care Properties has reduced HCR ManorCare’s monthly rent, although ManorCare still expects that it will not be able to pay the full amount, QCP announced in a filing with the Securities and...