Higher interest rates haven’t completely deterred senior living investors
By
Kathleen Steele Gaivin
Sep 09, 2024
Higher interest rates have not necessarily hampered senior living investments, according to Cambridge Realty Capital Senior Vice President Brent Holman-Gomez.
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.
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...
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...
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...
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...
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...
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...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Long-term care accounts for 54 percent of healthcare bankruptcies this year
By
Kathleen Steele Gaivin
Aug 24, 2022
Bankruptcies in the healthcare industry are trending up by more than 25% this year, and 54% of them have happened in senior living and other long-term care settings, particularly in skilled nursing facilities,...