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CBRE Webinar Panel 2025 Outlook
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Webinar — 2025 Seniors Housing Outlook: Investment, Valuations & Capital

by Sarah Daniels

The Dec. 12 webinar “2025 Seniors Housing Outlook — Investment, Valuations & Capital,” sponsored by CBRE, featured expert insight on issues shaping the seniors housing sector. The panel discussion covered investment outlooks, the impact of inflation, capital availability, labor stability and regulatory concerns. This webinar brought together industry leaders to discuss critical economic factors, value-based care and development opportunities in the ever-changing seniors housing landscape. The discussion offers a detailed analysis of operational challenges facing the sector, including rising insurance costs and regulatory headwinds. Before 2025 begins, learn more about …

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Legal IssuesNewsPeople

Covenant Living Names Cory Kallheim as General Counsel

by Jeff Shaw

SKOKIE, Ill. — Covenant Living Communities and Services, a Skokie-based nonprofit owner-operator, has promoted Cory Kallheim to general counsel. Kallheim replaces David Erickson, who was promoted to president and CEO. Kallheim has been with Covenant Living for more than two years serving as vice president and associate general counsel. In his new role, he will be responsible for overseeing all legal aspects of Covenant Living’s operations, ensuring the organization remains compliant with all relevant laws and regulations, while also supporting strategic initiatives. Prior to Covenant Living, Kallheim worked for more …

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From The MagazineLegal Issues

Legislative Onslaught Galvanizes Industry

by Jeff Shaw

As the regulatory environment in the seniors housing and skilled nursing sectors becomes increasingly burdensome, leading advocates are pushing back on multiple fronts. By Jeff Shaw Seniors housing has always been a hot-button issue and a target for government regulation, given its role in caring for a vulnerable population of seniors with healthcare needs. Even by that standard, though, there are a lot of legislative challenges coming down the pike for owners and operators. • Sen. Bob Casey (D-Pa.), chair of the U.S. Senate Special Committee on Aging, held a …

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FinanceIndustry VoicesLegal Issues

Don’t Let Assessors Use Finance Valuations for Taxes

by Jeff Shaw

By Steve Nowak, Esq. Appraisal methodologies for financing seniors housing properties factor in more than real estate to produce amounts that exceed property-only value. That means seniors housing owners may be paying real-estate taxes on non-real-estate assets.  Everyone can agree that a senior living operation — whether independent living, assisted living, memory care, skilled nursing or some combination — consists of a variety of assets. There are real estate assets (the land and building); personal property assets like furniture and kitchen equipment; and intangible business assets such as the work …

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Watermark to Pay $4.3M Fine for Alleged Kickbacks for Home Health Referrals

by Jeff Shaw

NEWARK, N.J. — Watermark Retirement Communities, an Arizona-based operator, has agreed to pay $4.3 million to resolve allegations that it violated the False Claims Act by soliciting and receiving a kickback from a nationwide home health agency (HHA) operator in order to facilitate referrals from Watermark retirement homes. Assistant U.S. Attorney Jordann Conaboy of the U.S. Attorney’s Office for the District of New Jersey led the investigation, as well as trial attorneys Daniel Meyler and Samson Asiyanbi of the Fraud Section. The United States alleged that the HHA operator purchased …

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LCS Promotes Bridgette Uhlemann to Senior Vice President, General Counsel

by Jeff Shaw

DES MOINES, Iowa — LCS, the nation’s third-largest senior living operator, has announced the promotion of Bridgette Uhlemann to senior vice president and general counsel at the Des Moines-based company. Uhlemann joined LCS in 2015 as a corporate governance manager. Since then, she has assumed responsibility and oversight for LCS legal affairs, including corporate governance, contract law, public policy, and corporate and regulatory compliance.  Uhlemann directs the overall delivery of legal and compliance services to the organization, including in-house attorneys, compliance analysts and outside legal counsel. Her leadership was instrumental …

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Industry VoicesLegal IssuesPeople

Measuring Labor Productivity Can Lead to Powerful Insights

by Jeff Shaw

By Dan Lindberg, founder and principal, Applied Economic Insight Labor shortages took center stage for business leaders and economists across many sectors of the economy during the Great Resignation toward the end of the COVID-19 pandemic.  Such shortages, however, are nothing new for seniors housing and care providers. While required staffing ratios and regulations add to this, at heart seniors housing is an operationally intensive business. It takes people to serve people.  That said, labor is a two-sided coin. On the first side, we have staffing levels measured in terms …

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Law Firm Hinshaw & Culbertson Names Adam Guetzow as Co-Practice Group Leader of Healthcare

by Jeff Shaw

CHICAGO — Hinshaw & Culbertson LLP, a Chicago-based law firm with offices around the world, has neamed Adam Guetzow as co-practice group leader of the firm’s national healthcare practice. Guetzow will serve alongside current interim practice group leader Stephen Moore. As part of his new role, Guetzow will lead the firm’s strategic expansion of its current healthcare practice, including an emphasis on aging services and long-term care capabilities. Hinshaw’s aging services practice has grown exponentially in the past few years in response to industry expansion and a growing need for …

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FeaturesLegal IssuesNews

Argentum Targets Legislative Advancements at Executive Conference

by Jeff Shaw

NEW ORLEANS — Although the proposed Safeguarding Elderly Needs for Infrastructure and Occupational Resources (SENIOR) Act never was passed by the federal government in 2022, the fight isn’t over. The goal of that act is to establish a $100 billion fund that builds upon critical infrastructure demands for infection prevention and control; invests in broadband and telehealth capabilities; creates a sustainability fund to ensure seniors’ long-term care needs are exceeded; and invests in workforce training and development. Argentum, an association for professionally managed senior living communities, hopes to bring back …

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DevelopmentLegal IssuesNewsPeople

Beacon Communities Hires Justin Babineaux as Associate General Counsel of Property Management

by Jeff Shaw

BOSTON — Beacon Communities, a developer in the affordable, market-rate and mixed-income property space, including seniors housing, has hired Justin Babineaux as associate general counsel of property management. Most recently, Babineaux served as staff attorney at Columbia Residential, where he managed and oversaw legal matters relating to fair housing and regulatory compliance. In his new role, Babineaux will serve as primary legal support for the property management team in all legal aspects of the ownership and management of affordable and mixed-income housing communities. Reporting to Beacon’s general counsel, he will …

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