Real estate investment trusts (REITs) have gained so much momentum as a major force in real estate, they are being put in their own sector in an important investment classification tool and could be in for a capital boost from all the attention. Following market close on August 31, equity REITs were reclassified as their […]
Reuters
As the stock market rallied around the news that the Federal Reserve would refrain from raising its benchmark interest rate in March, the senior housing industry saw some immediate short-term gains but remained in the midst of a shifting environment. The Central Bank’s Federal Open Market Committee (FOMC) announced it would not raise interest rates […]
A month after the Securities and Exchange Commission brought charges against former Assisted Living Concepts CEO Laurie Bebo, the exec is fighting back with her own charges against government regulators. Bebo has filed a lawsuit against the SEC, saying the regulator is violating her right to a jury trial, according to a complaint filed on […]
As health care reform changes the landscape of senior care for providers, tech giant Apple is looking to tap into the market with an electronic health record (EHR) product that the company hopes will make it easier to track patients’ health data, Reuters reports. Previously, experts suggested the adoption rate of EHR technology could see […]
Senior living owner-operator CareOne is rumored to be looking into the sale potential of as much as $2 billion worth of real estate assets spanning dozens of senior housing and care communities, Reuters is reporting. Citing “people familiar with the matter,” Reuters confirmed the company has engaged Jeffries to “explore the possibility of its real […]
The Group of Eight (G8) nations are launching a global battle against Alzheimer’s Disease, with a target date of 2025 for curing or finding an effective treatment for dementia, news outlet Reuters reports following a meeting of the international consortium. The G8 will attack Alzheimer’s in the same way it has battled against AIDS, the […]
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