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…
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…
CRYSTAL RIVER, Fla. — Health Services Management, a Crystal River-based skilled nursing and long-term care operator, has promoted Anita Mamone to chief legal and governance officer. Mamone will be responsible for the legal affairs of the entire corporation, including internal…
By Sunny Thompson and Aliya Astaphan, Snell & Wilmer Senior living providers throughout the country are facing an emerging litigation threat — tester lawsuits brought by fair housing organizations claiming a lack of access to seniors housing facilities for deaf…
ALEXANDRIA, Va. — Argentum, an Alexandria-based association for professionally managed senior living communities, has unveiled new coalition letters to Capitol Hill with solutions to stem the workforce shortage crisis in senior care. These letters, in coordination with the American Senior…
On Sept. 8, Seniors Housing Business hosted a panel discussion called “The Rise of TikTok — How Student Housing Operators Can Generate Leases with TikTok” where four seniors housing industry experts spoke about streamlining and improving resident care. Tech…
The pandemic and a new White House administration lead to a changed legal and regulatory landscape, and the jury is still out on the near-term and long-term impacts. By Jeff Shaw The seniors housing industry has undergone an unprecedented amount…
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NYSE: CTRE), a San Clemente-based healthcare real estate investor, has promoted James Callister from general counsel to executive vice president. Callister has been with the company since 2021. His primary focus is working…
By Chip Stuart, Chief Sales Officer, Hub International The new wave of challenges facing the global economy in 2022 such as inflation, continued supply chain delays, and labor shortages has caused property values to rise, along with the cost of…
By Heather Boshak, partner, Fox Rothschild LLP In January 2022, New Jersey announced new, stricter COVID-19 regulations that will require employees in healthcare facilities to be vaccinated and boosted and will effectively eliminate the testing option. Also covered under the…
Former Kansas governor transitioned 11 years ago from politician to leading one of the largest healthcare associations in the industry, and he’s never looked back. By Jeff Shaw Mark Parkinson’s wide-ranging career in both the private and public sectors, including…
Consider offshoring some staff By Sarah Thomas CEO MezTal With inflation and staff shortages impacting us all, it’s difficult to find qualified talent to fill our open positions at a rate we can afford to sustain. The average salary increase…
CHICAGO — Ventas Inc. (NYSE: VTR) has appointed Michael Embler, former chief investment officer of Franklin Mutual Advisors, to its board of directors. Jay Gellert, who has served on the Ventas board since 2001, will retire from the board at…
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has entered into a memorandum of understanding with Welltower (NYSE: WELL) regarding a lawsuit over a portfolio of Holiday Retirement properties. The agreement sets forth principal terms by which NHI and…
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has entered into a definitive agreement to amend the company’s master lease with a tenant, Avamere Group. Avamere’s annual base rent on the current portfolio has been reduced roughly 30…
A variety of partnerships and lease structures present many options for landlords and tenants to both benefit. By Jeff Shaw In the retail real estate world, triple-net leases are king. Under this standard agreement, the tenant is responsible for all…
By Phillip Joseph and Gabriel Coelho, Ball Janik Tragedies often guide reform and progress. After the Champlain South Tower condominium in Surfside, Florida, collapsed, attention has focused on preventing similar future tragedies. There is a renewed focus on ongoing oversight,…
In the Oct. 26 Seniors Housing Business webinar entitled “COVID Strategies for Seniors Housing Operators — Managing Risk for Residents, Staff and Service Providers,” the topic of discussion was how best to keep residents and staff safe from COVID-19. Panelists shared differing…
How to use these factors to reduce a senior living property’s tax assessment. By Morris Ellison The longstanding debate over intangible value in commercial real estate taxation rages unabated, and nowhere is the squabbling fiercer than in valuing senior living…
State-by-state comparisons do little to solve the correct future for this complicated issue. By James Tellatin, Integra Realty Resources It is not surprising that states with certificate of need (CON) laws for skilled nursing facilities (SNFs) have higher occupancy than…
Making a partner of your municipality can smooth over many challenges. By Chad Suitonu The hardest thing about senior living development is finding the right land. Many of the good spots are already taken and competition is fierce for the…
COVID-19 broke seniors’ trust, and successful communities must repair it. By Raj Shah, CareSafely Running a seniors housing business is an inherently risky proposition. As an operator, you are trusted with caring for residents and patients with complex and persistent…
By Michael Okaty and Mark Scimeca, Foley & Lardner The private equity investment landscape for seniors housing has, like so many things this year, been profoundly disrupted by the ongoing COVID-19 pandemic. From 2016 through the third quarter of 2019,…
BOSTON — 2Life Communities, a Boston-based developer, owner and operator, has named Jeff Sacks as the company’s chairman of the board. He replaces Donna Kalikow, who will continue to serve on the board. Sacks, a partner with Nixon Peabody, is…
WASHINGTON, D.C. — The U.S. Department of Health and Human Services (HHS) and Department of Defense (DoD) have announced agreements CVS and Walgreens to provide and administer COVID-19 vaccines in long-term care facilities nationwide with no out-of-pocket costs once the…
The COVID-19 pandemic has been an existential crisis for the seniors housing industry, where the people most susceptible to the disease are the same who live in the communities. But many still believe in long-term viability and success of the…
WASHINGTON, D.C. — The Department of Health and Human Services (HHS) will begin accepting applications on Monday for a Phase III distribution of the Provider Relief Fund (PRF). The new round of coronavirus pandemic relief totals $20 billion, and assisted…