News

Lack of Supervision

The Washington Post listed out wrongful deaths at assisted living facilities for letting residents wander away from the facility without supervision or assistance. The Washington Post found at least 98 seniors with cognitive issues died after walking away from an assisted-living facility or being left outside unattended. Ten states did not provide any records and

True the Vote Admission

The Associated Press reported that Trump backed alt-right group True the Vote admitted it is not aware of any evidence to support allegations of ballot stuffing or other fraud in Georgia. The conservative Republican group told a Georgia judge that it doesn’t have evidence to support its claims of illegal ballot stuffing during the the 2020

Occupancy Rebounds

Green Street Advisors released a new report showing senior living occupancy ended the year with “better than expected momentum … that sets the stage for a favorable outlook this year. Occupancy will exceed pre-Covid levels in 2024. The Wall Street Journal reports an analysis by Jason Fichtner, chief economist at the Bipartisan Policy Center, that a

Breaking Records on Energy

In the last couple of years, the United States has rocketed from barely selling any gas overseas to becoming the world’s No. 1 supplier. Biden has been able to export more energy than Trump. Gas prices remain below $3 despite Russian’s invasion of Ukraine. The U.S. has been producing 13.2 million barrels of crude oil

HUD and REITs

Healthcare financing for skilled nursing facilities has been undergoing significant shifts since COVID bailouts; the growth outlook has improved and approval of government-backed loans is expected to rise in the coming months. The Department of Housing and Urban Development’s (HUD) lending in the skilled nursing space for loans requires that facilities meet certain standards and

$15 Million Awarded in Highway Collision

$42 Million Given Back for over 8,000 Investors

$1.05 Million Largest Nursing Home Jury Award in Spartanburg History

$2.32 Million in “Unprecedented” Jury Award Against Nuisance Landfill

$15 Million Awarded in Highway Collision

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