Bank merger ‘really good’ for LTC borrowers: People’s United exec
By
Kathleen Steele Gaivin
Jun 16, 2021
“Borrowers will have more solutions” when the merger of M&T Bank and People’s United is complete in October, People’s United’s market manager of healthcare financial services Matthew Huber recently...
‘Inflationary environment,’ ‘pent-up transactional demand’ driving momentum of senior housing...
By
Kathleen Steele Gaivin
Oct 12, 2021
As the economy slowly rises from the pandemic, the “inflationary environment” and “pent-up transactional demand over the past 18 months or so,” real estate investment trusts are dealing in common...
Senior living M and A drops in 1Q to lowest since 2021
By
Kathleen Steele Gaivin
Jun 08, 2023
Mergers and acquisition activity slowed to approximately 32 transactions per month in the first quarter of 2023. This marks the lowest M&A activity the senior living industry has seen since 2021, according...
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...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...
New merger guidelines would consider competition, market concentration
By
Kathleen Steele Gaivin
Jul 24, 2023
New merger guidelines proposed by the Federal Trade Commission and the Department of Justice are meant to consider the intricacies of the modern economy, such mergers that are part of a series of multiple...
Bill aims to protect nursing home residents during infectious disease outbreaks
By
Kathleen Steele Gaivin
Sep 21, 2022
The New Jersey Assembly’s Aging and Senior Services Committee, on Thursday passed a bill “Sally’s Law,” that aims to provide nursing home residents greater protections during periods of infectious...
SEC re-opens comment period on executive pay disclosure rule
By
Kathleen Steele Gaivin
Feb 01, 2022
Proposed federal rules would require public companies to disclose how the pay of their top executives lines up with a company’s financial performance. Before that happens, the Securities and Exchange...
Employers can’t penalize workers for time off taken under FMLA, court rules
By
Kathleen Steele Gaivin
Mar 18, 2024
Employers must consider and adjust performance expectations accordingly for time off that employees take under the Federal Medical Leave Act, the 7th Circuit Court of Appeals has ruled.