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.
Actions & Transactions, May 8
By
Kathleen Steele Gaivin
May 08, 2024
Atlanta BeltLine secures $300M to add affordable senior housing … Hines, Clearwater partner on Houston-area senior living community … Ivy Living senior living community to open this winter in Roseville,...
Ensign Group has ‘remarkable momentum’ after record first quarter: CEO
By
Kathleen Steele Gaivin
May 03, 2024
“After another record quarter, we are excited about the remarkable momentum our teams have created across our entire portfolio and look forward to seeing that continue throughout the year,” Ensign...
Business briefs, May 3
By
Kathleen Steele Gaivin
May 03, 2024
FTC, DOJ and HHS extend to June 5 comment period on cross-government inquiry into private equity in healthcare … Ventas plans to expand senior living footprint , building on ‘unprecedented’ growth...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...
Actions & Transactions, May 1
By
Kathleen Steele Gaivin
May 01, 2024
Blakeford Senior Life opens $75M expansion, renovation, launches foundation … Merchants Capital provides $29M for refinancing of senior housing in lower Manhattan … Phorcys Capital Partners acquire...
New federal rule meant to strengthen nondiscrimination protections, advance civil rights in healthcare
By
Kathleen Steele Gaivin
Apr 30, 2024
The Department of Health and Human Services on Friday released a final rule aiming to protect individuals from discrimination in healthcare, including members of the LBGTQ+ community.
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.
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...
New York first state to require employers to offer paid prenatal leave
By
Kathleen Steele Gaivin
Apr 24, 2024
New York is set to become the first state to require employers to provide 20 hours of additional paid time off for pregnant workers for pregnancy-related medical care without requiring workers to tap into...