Increasing percentage of employees test positive for marijuana after on-the-job accidents
By
Kathleen Steele Gaivin
Jun 30, 2023
The percentage of employees testing positive for marijuana following an on-the-job accident increased to its highest level in 25 years in 2022, according to a recently released analysis from Quest Diagnostics.
Benchmark Senior Living says ‘welcome home’ with new campaign
By
Kathleen Steele Gaivin
Jun 29, 2023
Waltham, MA-based Benchmark Senior Living has launched “Welcome Home,” a new advertising campaign meant to highlight the provider’s efforts to make residents feel at home at Benchmark’s 60 independent...
Capital markets continue to be challenged by inflation, interest rates
By
Kathleen Steele Gaivin
Jun 23, 2023
The capital markets landscape continued to face headwinds from persistent inflation and rising interest rates throughout the first half of 2023, Berkadia CEO Justin Wheeler said Wednesday during a webinar...
HCBS market recovers from drop that followed CMS proposal
By
Kathleen Steele Gaivin
Jun 12, 2023
Home- and community-based services markets are starting to recover after they “panicked” when the Centers for Medicare & Medicaid Services in late-April proposed that 80% of Medicaid payments for HCBS...
Senior housing market is ‘tail wagging the dog,’ expert says
By
Kathleen Steele Gaivin
May 24, 2023
“For senior housing, I would characterize the market as the tail wagging the dog,” Aron Will, vice chairman of CBRE, said Tuesday during a National Investment Center for Seniors Housing & Care leadership...
Wage growth deceleration ‘gives clearest signal’ of labor market fundamentals
By
Kathleen Steele Gaivin
May 04, 2023
April saw a “burst of hiring” as private-sector employers added 296,000 jobs, yet annual pay growth decelerated to 6.7% year-over-year, according to the April ADP National Employment Report produced...
Evidence points to improving job market in senior living, economist says
By
Kathleen Steele Gaivin
May 03, 2023
“There’s evidence of improvements in the job market for senior housing,” Beth Burnham Mace, National Investment Center for Seniors Housing and Care chief economist and director of outreach, said...
Latitude Margaritaville to go international with Mexico community
By
Kathleen Steele Gaivin
Apr 26, 2023
Adults aged 55 or more years will be able to savor a cheeseburger in paradise south of the border with the expansion of Latitude Margaritaville into Mexico, Margaritaville and developer Levy Holding announced...
Construction market slowing in 2023
By
Kathleen Steele Gaivin
Apr 07, 2023
Major indicators are pointing toward a slower construction market in 2023.
That’s according to a market report released by construction company, general contractor, design-builder and construction manager...
145,000 jobs added in March while pay gains fall
By
Kathleen Steele Gaivin
Apr 06, 2023
Private-sector employment added 145,000 jobs in March, and annual pay growth decelerated to 6.9% year-over-year, according to the March ADP National Employment Report produced by the ADP Research Institute...