Distinctive Living expands operational footprint with acquisition of Validus Senior Living
By
Kathleen Steele Gaivin
May 10, 2024
Freehold, NJ-based operator and developer Distinctive Living finalized on April 1 the acquisition of Validus Senior Living Management, a Florida-based operator. Talk of the transaction began in 2023.
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
NHC to acquire 15-property portfolio from White Oak Senior Living
By
Kathleen Steele Gaivin
Jun 05, 2024
National HealthCare Corp. plans to acquire Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of senior living and care communities in North Carolina and South Carolina, the Murfreesboro,...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.
HumanGood completes $35 million renovation project in southern California
By
Kathleen Steele Gaivin
Mar 14, 2024
Duarte, CA-based HumanGood has completed a $35 million renovation at The Gardens, an affordable senior housing community in Glendale, CA.
Governor vetoes legislation to ban noncompete agreements
By
Kathleen Steele Gaivin
Jan 02, 2024
New York Gov. Kathy Hochul (D) has vetoed a bill that would have banned most noncompete agreements in the state.
Avendelle Assisted Living looks to expand through franchising
By
Kathleen Steele Gaivin
Jun 03, 2024
Raleigh, NC-based Avendelle Assisted Living plans to expand its footprint through franchising with partners in all states, as well as international territories.
Executives seek alternative staffing models, according to survey
By
Kathleen Steele Gaivin
Sep 29, 2023
Healthcare executives are looking for alternative staffing models, according to a recent survey from ShiftMed.
Incorporating sustainability into business succession planning a growing trend, experts say
By
Kathleen Steele Gaivin
Nov 09, 2023
The idea of succession planning has been gaining momentum among businesses, but the idea of incorporating sustainability into those plans is a new and growing trend, according to an article from the experts...