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News
Business briefs, July 24
2+ hour, 42+ min ago (118+ words) Sodalis pivots to lifestyle-driven brand identity, shifting toward âlife in motionâ ⦠Bill proposes $10M in overdue grants for post-acute EHR system... Home care deals decline in Q2 as fraud crackdown likely deters investors ⦠Owners, lenders accused of coordinated fraud,…...
Proposed rule would give operators more flexibility in providing health plan notices, documentation to employees
2+ hour, 42+ min ago (328+ words) Senior living and care operators would “have more flexibility in providing notices and documentation to employees for required notices and disclosures for group health plans covered by ERISA and sponsored by the facility” under a rule proposed by the Department…...
Older adults’ home equity reaches a record $14.92T in first quarter
23+ hour, 32+ min ago (223+ words) Homeowners aged 62 or more years saw their collective housing wealth increase to a record $14.92 trillion in the first quarter, according to the latest quarterly data from the Reverse Mortgage Market Index / RiskSpan Reverse Mortgage Market Index, published this week. Older…...
Actions & Transactions, July 23
1+ day, 29+ min ago (130+ words) Cedarhurst Senior Living expands footprint in Iowa with groundbreaking in Ames ⦠Marcus & Millichap brokers sale of 7-building San Diego-area memory care community ⦠Blueprint completes sale of assisted living / memory care community in Covington, LA ⦠Headwaters Group opens…...
Senior living and care M&A activity approaches $4 billion in second quarter, led by assisted living
1+ day, 30+ min ago (226+ words) The 240 publicly announced mergers and acquisitions involving senior living communities and skilled nursing facilities in the second quarter represented almost $4 billion in spending, according to an analysis released this week by LevinPro LTC. Assisted living accounted for slightly more than…...
Business briefs, July 23
1+ day, 30+ min ago (94+ words) The business case for supporting the growing population of caregiver-employees â and how to do it ⦠Sagora Senior Livingâs replicable approach to keeping senior living affordable for veterans ⦠LeadingAge partners with ICAA for Active Aging Week 2026 â…...
LTC Properties forges new relationship with HDG as 2026 senior living acquisitions approach $285M
23+ hour, 19+ min ago (304+ words) LTC Properties has acquired a senior living community in Wisconsin for $40 million, bringing its year-to-date senior housing operating portfolio investments to almost $285 million, the Westlake Village, CA-based real estate investment trust announced Wednesday afternoon. And the REIT said it plans…...
Actions & Transactions, July 22
2+ day, 1+ hour ago (42+ words) McKnight's Senior Living Evans Senior Investments facilitates lease execution, re-tenanting of 2-SNF portfolio in Arkansas ⦠SLIB facilitates sale of Minnesota CCRC ⦠Cardinal Senior Living sells 3-community portfolio in Virginia, brokered by Marcus & Millichap...
Ramped up federal fraud prevention efforts potentially complicate service provision to assisted living residents
2+ day, 1+ hour ago (550+ words) During a Tuesday press conference, HHS Secretary Robert F. Kennedy Jr. and CMS Administrator Mehmet Oz, MD, highlighted the previously disclosed deferrals of payments to the states of California and Minnesota due to alleged fraud and noncompliance with Medicaid program requirements....
CFG closes $308 million refinance for 13-SNF portfolio
2+ day, 2+ hour ago (270+ words) Capital Funding Group has closed a $308 million HUD-insured refinancing for a portfolio of 13 skilled nursing facilities, the healthcare and multifamily financing firm announced. The transaction represents “the culmination of a multi-year strategic financing engagement that began with the structuring of…...