News

CMS Releases New Survey Interpretive Guidance, Will Delay Penalties For One Year

July 5, 2017, Elizabeth Leis Newman, McKnight's Long-Term Care News - The Centers for Medicare & Medicaid Services (CMS) said Friday it “has heard numerous concerns” about requirements for Phase 2 survey guidelines and will be postponing enforcement penalties for another year.

Ventas Expects $700 Million From Kindred’s Freshly Inked SNF Sale

July 4, 2017, Tim Mullaney, Senior Housing News - Kindred Healthcare (NYSE: KND) has found a buyer for its skilled nursing portfolio, and its major real estate investment trust (REIT) landlord Ventas (NYSE: VTR) expects to ultimately receive $700 million from the deal.  The buyer, BM Eagle…

Why Overbuilding Won’t Dampen Senior Housing Dealmaking

July 4, 2017, Mary Kate Nelson, Senior Housing News - Senior housing stakeholders have understandably been on high alert this year, as concerns around overbuilding seem to grow by the day.  These concerns, however, may be overblown.  In fact, capital is plentiful and can potentially offset…

Senate Recess Brings No Deal On Health Care, But CBO Talks More Medicaid Woe

June 30, 2017, Patrick Connole, Provider - Senate Republicans expect to continue negotiations over the July 4 congressional recess at the staff level as lawmakers leave the nation’s capital with no clear path to gaining the required votes to pass its version of…

Blueprint - Small Town Up & Down

June 30, 2017, Blueprint Real Estate Advisors - Blueprint is pleased to announce the successful sale of a four property assisted living and memory care portfolio in Indiana and Iowa.  Blueprint conducted an exclusive sales process on behalf of a publicly traded REIT and a national operator…

New CBO Analysis Shows Deeper Medicaid Cuts Under Senate Healthcare Bill

June 30, 2017, Lois Bowers, McKnight's Senior Living - Medicaid spending under the Better Care Reconciliation Act of 2017 would be approximately 35% lower in 2036 compared with spending expected under the current law, according to a 

Focus Healthcare Partners Closes New Dedicated Fund

June 30, 2017, Steve Monroe, Senior Care Investor - Just eight years ago, Curt Schaller and Paul Froning formed Focus Healthcare Partners LLC to parlay their investment and financing expertise into an investment platform to buy senior living properties across the country…

CEO Transition Announced At National Investment Center For Seniors Housing & Care

June 30, 2017, NICThe National Investment Center for Seniors Housing & Care (NIC) today announced that Robert G. Kramer will transition to the role of founder and strategic advisor effective July 17, as part of a planned succession.  Brian…

House-Approved Bill To Limit Malpractice Awards Will Help LTC 'When We Need It The Most,' Group Says

June 30, 2017, Emily Mongan, McKnight's Long-Term Care News - House lawmakers voted on Wednesday to advance legislation that would place limits on awards and attorneys fees for medical malpractice cases — a move that would benefit the long-term care sector in today's turbulent healthcare…

Harrison Street Raises $1.15 Billion Fund, Eyes Senior Housing

June 29, 2017, Mary Kate Nelson, Senior Housing News - Harrison Street Real Estate Capital just announced another billion-dollar fund, which will be used in part on senior housing investments.  The Chicago-based private equity firm recently closed its sixth U.S. opportunistic real estate…