Kathleen Steele Gaivin McKnight's Senior Living - Page 27 of 43
Kathleen Steele Gaivin

Kathleen Steele Gaivin

Most recent articles by Kathleen Steele Gaivin

Business briefs, June 30

‘Relief is needed’: industry experts to Congress [will need to link to MSL DB story] … Minnesota budget includes $250M in “hero pay” for frontline workers … Former long-term care facility owners donate $7M to Virginia Tech University … Hundreds of neighbors sign petition to disallow $11 million assisted living community … OnShift, Plante Moran named to Top Workplaces list … Arkansas has highest vaccination rate in region for LTC residents, staff

Actions & Transactions, June 30

Welltower announces closing $500M closing in 2.05% senior unsecured notes … Newmark brokers two senior housing property sales in North Texas … Atlantic Pacific Communities, Houston Housing and Community Development partner to build 135-unit mixed-income senior housing community … Skender breaks ground on redevelopment of Maywood Supportive Living outside of Chicago

‘Taking advantage of cost of equity’: Ventas acquisition of New Senior

Monday’s news that Ventas plans to acquire New Senior Investment Group in an all-stock transaction valued at approximately $2.3 billion “seems to be an indication that public companies are taking advantage of their cost of equity for the next year and the next several years,” according to Amanda Sweitzer, senior research analyst for healthcare and residential real estate at Baird.

Business briefs, June 29

CT retirement community converts to solar power … Mortgage rates rise above 3%: Freddie Mac … Fitch Ratings assigns BBB– IDR to Kendal at Lexington … Affordable senior housing building sets aside almost half of its units for homeless older adults

Actions & Transactions, June 29

Dwight Capital arranges $56M refinancing loan for 3 SNF portfolio … Lument closes $28M bridge loan for affordable senior housing community in Sacramento … Monticello provides $70M to refinance portfolio of 7 SNFs … Sims Mortgage Funding completes $10.8M refinancing for affordable senior housing community owned and managed by Archdiocese of New Orleans affiliates

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