CareTrust REIT completes $7.5 million preferred equity investment

SAN CLEMENTE: CareTrust REIT, Inc. has completed a $7.5 million preferred equity investment with Signature Senior Living and Milestone Retirement Communities.

The investment will be used to develop Signature Senior Living at Arvada, a planned 134-unit upscale assisted living and Read More »

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Top social service provider abruptly shuts down

NEW YORK: Federation Employment and Guidance Service (FEGS) is closing its doors due to a $19.4 million loss last year.

Established in 1934, FEGS Health & Human Services is one of the largest health and human services organizations in the U.S. A $250 million agency, Read More »

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Labor rights for home care aides are delayed yet again

NEW YORK: An enduring injustice was supposed to end on Jan. 1. That was the effective date for new rules by the Labor Department that would have required employers of home care aides for the elderly and disabled to pay at least the federal minimum Read More »

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HCP hikes dividend by 3.7%, but shares dip on broader worries

IRVINE: HCP Inc. has announced a hike of 3.7% in its quarterly dividend rate to 56.5 cents from 54.5 cents paid earlier. HCP will pay the new dividend on Feb 24, 2015 to shareholders of record as on Feb 9.

However, despite the dividend hike, Read More »

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