LifeLoop acquires Linked Senior, adding 600 senior living communities as customers
By
Kathleen Steele Gaivin
Jul 19, 2024
Denver-based LifeLoop has acquired resident engagement platform Linked Senior and added it to its own software platform, LifeLoop announced on Thursday.
NLRB withdraws appeal of decision enjoining ‘joint employer’ rule
By
Lois A. Bowers
Jul 22, 2024
The National Labor Relations Board on Friday withdrew its appeal of a district court ruling that enjoined its “joint employer” final rule.
New practices, strategies help improve life for those with dementia, caregivers: report
By
Kimberly Bonvissuto
Jul 26, 2024
New practices and strategies are helping senior living communities improve the everyday lives of residents living with dementia and their caregivers, according to a new report from Sodexo that aims to...
Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Commercial insurance market in ‘state of flux’ for senior housing and care
By
Kathleen Steele Gaivin
Jul 22, 2024
The commercial insurance market for long-term care operators “is in a state of flux, influenced by both lingering effects of the pandemic and broader economic factors,” Janice Loper, vice president...
Thrive Senior Living heads to South Korea with new joint venture
By
Kathleen Steele Gaivin
Jul 17, 2024
Atlanta-based Thrive Senior Living has launched a joint venture in Seoul, South Korea, with GH Partners, the newly formed company, Thrive-GPH, announced Tuesday.
Berkadia closes record-breaking $1.7 billion transactions in first half of year
By
Kathleen Steele Gaivin
Jul 19, 2024
Berkadia Seniors Housing & Healthcare completed more than $1.7 billion in sales and financings across 49 transactions in the first half of the year, the company announced Wednesday.
Insurance among common fringe benefits offered to CCRC employees
By
Lois A. Bowers
Jul 19, 2024
Insurance is a popular fringe benefit paid to management employees of continuing care retirement / life plan communities, according to the findings of the 2024-2025 CCRC Salary & Benefits Report. The national...
Loretto makes formal notification of cyberattack data breach
By
James M. Berklan
Jul 15, 2024
Loretto Management Corp. formally informed the attorney general of Vermont of a third-party data breach that recently allowed hackers to access the long-term care company’s information technology network.
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...