(Credit: CatLane / Getty Images) A new law encouraging financial institutions to do more to prevent and report financial exploitation of older adults was prompted…
Posts published in “News”
ANNAPOLIS, Md. — The occupancy rate for private-pay seniors housing rose 50 basis points to 85.6 percent in the first quarter of 2024, according to…
SAN DIEGO — Wells Fargo’s Community Lending and Investment (CLI) group has provided a total of $57.9 million in financing for the new construction of…
Flags fly in from of the state capitol building in Arizona, where passage of a bill expected to become law will increase regulation of assisted…
The state flag of California, where a new report says the direct care workforce needs to be expanded and outcomes improved for workers. (Credit: rarrarorro…
NEW YORK CITY — Lendlease has completed construction of Garden Towers, an affordable seniors housing community in the Bronx. Developed by Foxy Management, in partnership…
MIRAMAR, Fla. — Pinnacle has broken ground on Pinnacle at La Cabaña, an affordable seniors housing community in Miramar, a northern suburb of Miami. The…
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NYSE:CTRE), a San Clemente-based seniors housing investor, has acquired three continuing care retirement communities (CCRCs) located in Los…
MERIDEN, Conn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Miller Memorial Community in Meriden, approximately midway between Hartford and New Haven.…
(Credit: boonchai wedmakawand / Getty Images) New Jersey’s proposed switch from one set of licensure standards for assisted living communities and personal care homes to…
(Credit: Malte Mueller / Getty Images) As states navigate the Medicaid redetermination process, some assisted living providers that accept Medicaid for their low-income residents have…
WELDON SPRING, Mo. — New Perspective has opened a leasing office at its new community in Weldon Spring, approximately 30 miles west of St. Louis.…
FLORIDA — CFG, a subsidiary of CFG Bank, has provided two HUD loans totaling $17.4 million to refinance debt on two skilled nursing facilities in…
ST. LOUIS and MIDDLETOWN, Pa.— Lutheran Senior Services (LSS), a faith-based, nonprofit operator based in St. Louis, has agreed to merge with Diakon Lutheran Social…
DOWNERS GROVE, Ill. — Lifespace has completed a $112 million expansion project at Oak Trace, a seniors housing community in Downers Grove, approximately 20 miles…
SWEETWATER, Fla. — CREI Holdings has received a $67 million construction loan from Centennial Bank to build an affordable and workforce housing mid-rise building in…
MOORESTOWN, N.J. — Resort Lifestyle Communities has completed Parkers Bend Retirement, an independent living community in Moorestown, approximately 10 miles east of Philadelphia. The company…
(Credit: SDI Productions / Getty Images) A bill allowing joint provider / surveyor training on reporting and survey responsibilities has passed the Arizona Legislature and…
GOSHEN, Ind. — Evergreen Real Estate Group has completed Green Oaks of Goshen, a 120-unit assisted living community for low-income seniors in Goshen, a city…
CHICAGO — Blueprint Healthcare Real Estate Advisors has negotiated the sale of three value-add seniors housing communities in western suburbs of Chicago. Opened between 1994…