Ebenezer’s plan to return to building cooperative communities comes closer to reality
By
Kathleen Steele Gaivin
Sep 16, 2024
Minnesota-based Ebenezer Development’s plan to return to its roots by constructing member-owned cooperatives for older adults is one step closer to reality.
LRT Company launches Hardeeville Senior Living DST, seeks to raise $17 million
By
Kathleen Steele Gaivin
Sep 17, 2024
Development firm LRT Company has launched LRT Hardeeville Senior Living in South Carolina. The all-cash, Regulation D private placement Delaware statutory trust offering seeks to raise $17 million in equity...
Some companies spend more on stock buybacks than on employees, capital improvements, report finds
By
Kathleen Steele Gaivin
Sep 06, 2024
Some companies have spent more on stock buybacks than on improving wages, retirement contributions or capital improvements over the past five years, according to a recent report from The Institute for...
Ventas on track to meet ESG objectives by 2040
By
Kathleen Steele Gaivin
Sep 11, 2024
Ventas continues to advance its plan to meet its environmental, social and governance objectives by 2040, the Chicago-based real estate investment trust said in its annual sustainability report, released...
Cogir, PruittHealth expand relationships through management agreements
By
Kathleen Steele Gaivin
Sep 09, 2024
Early September brought with it cooler temperatures and expanded senior living and care relationships.
Digital brokerage firm Offerd expands into senior living market
By
Kathleen Steele Gaivin
Sep 05, 2024
Digital brokerage firm Offerd has expanded into the senior living market, the Austin, TX-based company announced Wednesday.
Eventide Senior Living Communities, Tabitha Senior Care to affiliate
By
Kathleen Steele Gaivin
Sep 05, 2024
Eventide Senior Living Communities and Tabitha Senior Care have signed an affiliation agreement that is expected to become effective Oct. 1, Eventide announced Wednesday.
New company, 603Healthcare, assumes management of eight Genesis HealthCare properties
By
Kathleen Steele Gaivin
Sep 04, 2024
603Healthcare has assumed management of eight former Genesis HealthCare-owned senior living and care properties in New Hampshire, 603Healthcare announced Monday.
Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
Older workers’ shift in priorities a benefit to employers
By
Kathleen Steele Gaivin
Aug 22, 2024
By the time workers reach around age 60, their priorities often shift, with factors like engaging work and increased autonomy becoming top considerations, according to research from Bain & Company.