Legend assumes management, renames 4 Florida properties; increases portfolio to 59 … ESI arranges $8.5M sale of post-acute rehab facility in Las Vegas … Dover Health expands into Chicago with acquisition...
Labor market solid, with ‘notable pockets of weakness,’ ADP finds
By
Kathleen Steele Gaivin
Jun 06, 2024
“Job gains and pay growth are slowing going into the second half of the year,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with the monthly ADP National...
Business briefs, June 6
By
Kathleen Steele Gaivin
Jun 06, 2024
Federal IT strategy should include long-term care, coalition says … State senate says legislation will protect long-term care workers … 23 Good Samaritan locations, 6 Ecumen communities earn 2024...
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.
Business briefs, June 4
By
Kathleen Steele Gaivin
Jun 04, 2024
Benchmark at Alexandria partners with Curana Health for on-site supportive care for residents … ADvancing States leads cross-state caregiving collaborative … Fitch Ratings removes Village of Germantown...
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
Sagora Senior Living adds 17 communities across 5 states
By
Kathleen Steele Gaivin
Jun 03, 2024
Sagora Senior Living is expanding its multistate footprint with the addition of 17 communities in Alabama, Florida, Nebraska, Oklahoma and Texas.
Healthcare Trust sees ‘ongoing improvement’ in SHOP performance
By
Kathleen Steele Gaivin
May 31, 2024
Net operating income in Healthcare Trust’s senior housing operating portfolio, or SHOP, increased by 23.5% to $8.3 million quarter over quarter, CEO Michael Anderson said Thursday in a first-quarter...
Financial security heading into retirement hampered by student loan debt: report
By
Kathleen Steele Gaivin
May 31, 2024
Older workers often are saddled with student loan debt that hampers their ability to be financially secure in retirement, according to a report published Wednesday by the Schwartz Center for Economic Policy...
Actions & Transactions, May 31
By
Kathleen Steele Gaivin
May 31, 2024
Aztec Group arranges $55.6 million in financing for active adult community in Palm Beach Gardens, FL … Tredway, LIHC JV acquires affordable senior housing for $40M … JLL arranges sale of Sage Spring...