Private Equity-Owned Companies Show Worrying Signs Of Overleverage
New market reports find that private equity firms are driving the debt loads of companies they own to dangerous levels, adding risk to the economy.
New market reports find that private equity firms are driving the debt loads of companies they own to dangerous levels, adding risk to the economy.
Investors are now buying more new houses from builders to put them on the rental market.
Though the Corporate Transparency Act was signed into law at the end of 2020, FinCEN has not yet finalized any of the rules needed to put it into practice.
Steward is closing hospitals in Dorchester and central Massachusetts, but it said it received bids for six other hospitals in the state.
Sens. Elizabeth Warren and Ed Markey sent a letter to two landlords of struggling operator Steward Health Care urging action to avoid hospital closures.
Under landlord Medical Properties Trust, at least four hospital operators have struggled to keep medical facilities open.
Medical Properties Trust will pay to operate Steward Health Care properties as the medical provider looks to sell its assets and emerge from bankruptcy.
The impairments include a working capital loan and other loans the REIT provided to bankrupt hospital operator Steward Health Care.
The bill from Sens. Tim Scott and Elizabeth Warren has 60 proposals to develop more housing, improve affordability and expand homeownership opportunities.
Sens. Elizabeth Warren and Tim Scott are behind the 21st Century ROAD to Housing Act, which passed a preliminary hurdle by a Senate vote of 84-6 Monday.
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