Operator faces nearly $1M in damages for alleged racketeering
By
Kathleen Steele Gaivin
Oct 16, 2023
A group of nursing home residents and their families asked the 11th Circuit Court earlier this month to revive a 2018 class action suit accusing the operator of several skilled nursing facilities in Florida...
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
Private-sector employment sees biggest jump since July: ADP
By
Kathleen Steele Gaivin
Apr 04, 2024
March saw the biggest jump in hiring since July 2023, according to the ADP National Employment Report Economy Lab report released Wednesday.
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
Assisted living? No thank you, investors and developers say
By
Lois A. Bowers
Feb 27, 2024
Assisted living communities saw the largest decrease in interest from 2023 to 2024 of all property types included in the 2024 CBRE US Healthcare Capital Markets’ Investor & Developer Survey.
Experts share ways to maximize organizational investment in training
By
Kathleen Steele Gaivin
Oct 31, 2023
Long-term care leaders and managers have “superpowers” that can improve their organizations’ return on investment in corporate training, according to experts speaking at a recent webinar sponsored...