20 percent of 50+ Americans lack retirement savings: AARP
By
Kathleen Steele Gaivin
Apr 26, 2024
Twenty percent of Americans aged 50 or more years have no retirement savings, and more than 50% worry they will not have enough money to support themselves in retirement. That’s according to a recent...
Ventas closed a new, $2.75 billion unsecured, revolving credit facility and extended the maturity of its outstanding credit, the Chicago-based real estate investment trust announced Wednesday.
Initial claims for unemployment drop to lowest level in 9 weeks
By
Kathleen Steele Gaivin
Apr 26, 2024
Initial claims for unemployment benefits dropped by 5,000 for the week ended April 20, according to data released Thursday from the Bureau of Labor Statistics. This was the lowest level in nine weeks,...
Business briefs, April 26
By
Kathleen Steele Gaivin
Apr 26, 2024
Senate bill counts hospital ‘observation’ days toward time needed for skilled nursing coverage … This state is inching closer to universal sick leave … Senate, House appropriations subcommittees...
Actions & Transactions, April 26
By
Kathleen Steele Gaivin
Apr 26, 2024
CFG executes $13.5M in bridge-to-HUD financing for refinancing of Ohio SNF … Experience Senior Living adds independent living to community in Cape Coral, FL … Phase II of construction nearly completed...
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Supreme Court case appears favorable toward employer in unionization dispute
By
Kathleen Steele Gaivin
Apr 25, 2024
The Supreme Court appeared Tuesday to be leaning in favor of coffee chain Starbucks in a union-related lawsuit against the National Labor Relations Board that could affect all types of business owners.
SAGECare celebrates training milestone
By
Kathleen Steele Gaivin
Apr 25, 2024
New York City-based LGBTQ+ aging cultural competency training provider SAGECare has reached a milestone: educating more than 250,000 participants through its training and credentialing program for providers...
Business briefs, April 25
By
Kathleen Steele Gaivin
Apr 25, 2024
Federal final rule drops brings cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living industry … JAMS announces New IT disputes clause and rules … HUD creates hub to help communities...
Actions & Transactions, April 25
By
Kathleen Steele Gaivin
Apr 25, 2024
Emerald Communities completes $63M expansion project at Redmond, WA, CCRC … CBRE arranges sale of 4 Dallas-area senior living properties to Artemis Real Estate Partners and Bridgewood Property Co. joint...