Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
Vi Living nears completion $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.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
Invesque sells $68.4 million in SNF properties in first quarter
By
Kathleen Steele Gaivin
May 13, 2024
Invesque sold $68.4 million in skilled nursing properties during the first quarter, the Fishers, IN-based healthcare real estate investment company announced Thursday in a quarterly earnings report. The...
Maryland becomes sixth state to require salary, wage disclosures in job listings
By
Kathleen Steele Gaivin
May 10, 2024
Effective Oct. 1, Maryland will join five other states and the District of Columbia in requiring employers to disclose salary or wage ranges upfront in job listings.
Distinctive Living expands operational footprint with acquisition of Validus Senior Living
By
Kathleen Steele Gaivin
May 10, 2024
Freehold, NJ-based operator and developer Distinctive Living finalized on April 1 the acquisition of Validus Senior Living Management, a Florida-based operator. Talk of the transaction began in 2023.
Activist investor Land & Buildings responded Thursday to the supplemental proxy that National Health Investors published Tuesday.
Vote for incumbent directors, NHI advises in supplemental proxy
By
Kathleen Steele Gaivin
May 09, 2024
National Health Investors is asking stockholders to reject an activist investor’s recommendation to not re-elect two of three people up for re-election to the board of the Murfreesboro, TN-based real...
Insurance rates stabilize for senior living, skilled nursing providers
By
Kathleen Steele Gaivin
May 09, 2024
Senior living and skilled nursing providers began to see insurance rates stabilize in the fourth quarter of 2023, similar to what was seen in 2022, according to WTW’s annual Insurance Marketplace Realities...