News

Assisted Living Prices Hit Record

February 14, 2018, Steve Monroe, Senior Care Investor - Despite multiple headwinds, assisted living prices hit record levels in 2017, while skilled nursing facility prices slumped for the first time in six years.  There…

Operators Bearish On Future Of Standalone Skilled Nursing Facilities

February 13, 2018, Alex Spanko, Skilled Nursing News - Of the 4,000 leaders who answered a survey in December, 34% said they had a poor outlook for the economic viability of standalone SNFs over the next three years, with an additional 33% assessing the future as “fair” for the asset class. …

Benefits Of Advanced Nursing Degrees Outweigh Staffing Squeeze

February 13, 2018, Alex Spanko, Skilled Nursing News - A landmark law in New York State could present additional challenges for skilled nursing providers, but major industry trade groups say that the potential benefits for residents…

Modern Skilled Nursing Must Have Tech Foundation

February 12, 2018, Maggie Flynn, Skilled Nursing News - When picturing the best setting for a thriving, well-lived life, most people won’t imagine a nursing home.  The…

Skilled Nursing Transactions: Blueprint, Sabra, CareTrust

February 6, 2018, Maggie Flynn, Skilled Nursing News - Blueprint Announces Involvement in 20-SNF Portfolio SaleBlueprint Healthcare Real Estate Advisors announced the portfolio sale of 20 skilled nursing facilities, with 1,866 total licensed beds, for $103.3…

Volatile Market, Rising Interest Rates Add To Skilled Nursing Pressures

February 6, 2018, Alex Spanko, Skilled Nursing News - Just when it seemed like the skilled nursing industry had enough potential issues on its plate for 2018 — potential cuts…

HCP Executive Chairman Mike McKee To Retire

February 5, 2018, Seniors Housing Business - Michael McKee, executive chairman of Irvine-based healthcare REIT HCP Inc. (NYSE: HCP), has announced that he plans to retire on March 1.  Following his official retirement, McKee will continue to serve on the board…

Invesque Completes $425M Acquisition Of Care Investment Trust

February 5, 2018, Seniors Hopusing Business - Invesque Inc. (TSX: HLP.U), an Indiana-based seniors housing owner and developer formerly known as Mainstreet Health Investments that trades on the Toronto Stock Exchange, has completed its previously announced acquisition…

60 Nursing Homes Change Operators In Multi-State Deal

February 4, 2018, Alex Spanko, Skilled Nursing News - More than 60 skilled nursing facilities across six states have new operators after a major real estate investment trust (REIT) decided to make a change.  The portfolio stretches across six states in the Midwest and Pacific Northwest, with…

Non-Profit Texas SNFs Forced To Close Amid Low Medicaid Rates

February 4, 2018, Maggie Flynn, Skilled Nursing News - Morningside Ministries, a not-for-profit organization in San Antonio, Texas, that provides senior housing and care services, closed its Chandler Estate nursing home rather than risk lowering the quality of care under pressure from the…