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...
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...
Ransomware attacks rise 13 percent year over year: Verizon
By
Kathleen Steele Gaivin
Jun 01, 2022
Cyber threats are on the rise, according to the Verizon Business 2022 Data Breach Investigations Report.
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Small-business owners could face challenges related to PPP loan forgiveness
By
Amy Novotney
May 06, 2020
The Small Business Administration’s Paycheck Protection Program has been plagued by technical glitches and complaints of misallocated funds, but many experts say the biggest challenges may come when...
$35,000 sign-on bonuses offered for RNs in Bassett Healthcare Network
By
Kathleen Steele Gaivin
Oct 04, 2023
Cooperstown, NY-based Bassett Healthcare, which includes two skilled nursing facilities and an enriched housing/assisted living residence, is upping the ante for 90 days to attract workers.
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Ventas sees strong pipeline of senior housing investments
By
Kathleen Steele Gaivin
Apr 02, 2024
Ventas is “focused on serving a large and growing aging population with an emphasis on senior housing,” the Chicago-based real estate investment trust said Monday in a business update issued in conjunction...
$80M federal program to boost nursing training
By
Kathleen Steele Gaivin
Oct 06, 2022
The Department of Labor will beef up its Nursing Expansion Grant Program with $80 million in grants, the department announced Monday.
Chicago launches accessory dwelling unit pilot program to help ease housing shortage
By
Amy Novotney
May 04, 2021
Applications are now being accepted from property owners in five pilot areas in the city of Chicago to allow for the creation of accessory dwelling units, or ADUs, in an effort to expand housing across...