Berkadia surpasses $2 billion in financing for year so far
By
Kathleen Steele Gaivin
Sep 19, 2024
Berkadia Seniors Housing & Healthcare has closed more than $2 billion in sales and financings so far in 2024, the company announced last week. Transactions are on track to surpass an all-time of 520 deals...
Business briefs, Sept. 10
By
Kathleen Steele Gaivin
Sep 10, 2024
Unionization boosts wages, could be solution to home care turnover … Aegis Living loses lawsuit over 2021 ransomware attack… ThriveWell launches with first service offering, ThriveWell At Home… HUD...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
RMR Group relays progress toward ESG goals
By
Kathleen Steele Gaivin
Apr 23, 2024
The RMR Group of Newton, MA, which provides management services for senior living operator AlerisLife and real estate investment trust Diversified Healthcare Trust, made progress last year toward reaching...