Transactions Sonida acquires previously unopened community Sonida Senior Living announced it purchased a senior living community located in Cincinnati, Ohio on Jan. 6. According to a press release, the “upscale and amenitized asset” was completed in 2021 but never opened due to a foreclosure on the construction borrower. The community is located adjacent to Sonida’s […]
Lane Powell PC
Transactions Ballard Spahr, Lane Powell combine Firms Ballard Spahr and Lane Powell agreed to a combination effective Jan. 1, 2025. According to a press release, the combined firm will be called Ballard Spahr and have more than 750 attorneys in 18 states. The combination allows Ballard Spahr to expand its footprint into the Pacific Northwest, […]
New federal rules are banning non-compete agreements and grant overtime pay protection to workers who previously lacked it. One rule will likely have more of an impact than the other. In April, the Federal Trade Commission (FTC) issued a final ruling to ban noncompetes. In the same month, the U.S. Department of Labor announced a […]
Some senior living residents use cannabis products in their communities, but as they do so operators have had to navigate a perilous and often confusing legal minefield. Much of that has to do with the fact that marijuana is still a Schedule I drug on the federal level, a category also shared by heroin, LSD […]
The Covid-19 pandemic has disrupted just about every facet of senior living operations — including when to allow admission of new residents and how that process is handled. On one hand, senior living providers must maintain occupancy levels to keep revenue flowing, and that means admitting new residents. Particularly in assisted living and memory care, […]
While it doesn’t get you high and may not treat as many conditions as advertised, CBD could have an even larger immediate impact on senior living than marijuana. For one, CBD is everywhere these days, including in cookies, coffee and even dog treats. And in a sign of the times, pharmacy giants CVS (NYSE: CVS) […]
Crafting marijuana policies in senior housing is tricky, but it’s becoming more important with each passing year. There’s a good chance of at least some marijuana or cannabis product use among any senior housing resident population, according to Dr. Cari Levy, a professor of medicine at the University of Colorado Health Sciences Center and president of […]
As more older adults embrace marijuana use, senior living providers who don’t take heed of the budding trend could find themselves in legal hot water—even if they operate in states where medical and recreational cannabis use is legal. Seattle-based Lane Powell PC, a regional law firm headquartered in Seattle, saw a noticeable uptick in senior living providers […]