News

Shifting Policy, Care Demands Impacting SNF Occupancy Rates

January 10, 2016, Emily Mongan, McKnights - Demand for more specialized care and an evolving policy environment could be behind a decrease in nursing home occupancy rates, according to an expert with the National Investment Center for Seniors Housing & Care.  The occupancy rate for skilled…

NIC Forecasts Sunny Year for Senior Housing - In Most Markets

January 8, 2016, Amy Baxter, Senior Housing News - An improving economy has resulted in a stronger senior housing industry and likely will drive demand in 2016, though as construction continues to ramp up, oversupply concerns in certain markets remain very real.  That’s according to…

Provider Groups Want More Out Of CMS Discharge Proposal

January 7, 2016, Emily Mongan, McKnights - Long-term care provider groups are generally supportive of the Centers for Medicare & Medicaid Services' (CMS) recent discharge planning proposal, but they would like more steps to be taken to ensure smooth patient transitions into post-acute…

Startup Scores $27.5 Million, Seeks Senior Living Partners

January 7, 2016, Tim Mullaney, Senior Housing News - Fresh off announcing an eye-popping $27.5 million Series B investment round, home care startup Hometeam says it is looking to expand the number…

Golden Living Centers Seeks Supreme Court Reversal

January 6, 2016, Emily Mongan, McKnights - Nursing home chain Golden LivingCenters is calling on the U.S. Supreme Court to reverse a previous court ruling that “failed to honor” a federal preference for arbitration.  In a petition filed December 18, Golden asked the Supreme Court to review…

Why Near-Term Trends Could Spell Trouble For Senior Housing

January 6, 2016, Jerry Doctrow, Senior Housing News - I have been pessimistic about maintaining occupancy and pricing and the risk of overbuilding in private-pay seniors housing. I shared these concerns, along with lessons learned from the last industry downturn, with the NIC Future Leaders…

NIC: Occupancy Rises, Inventory Set To Surge

January 6, 2016, Amy Baxter, Senior Housing News - Occupancy rates edged higher at the end of 2015, according to the latest data from the National Investment Center for Seniors Housing & Care (NIC).  While the occupancy numbers suggest supply and demand are in balance, NIC also predicts that…

HUD’s Record SNF Deal

January 6, 2016, Ben Swett, Senior Care Investor - HUD saw its largest single-asset, skilled nursing facility loan ever, when Housing & Healthcare Finance (HHC Finance) closed an $80.7 million 232/223(f) loan to refinance the existing conventional bank debt at a 520-bed skilled nursing facility…

California Gets Green Light For $6.2 Billion Medicaid Waiver

January 5, 2016, Emily Mongan, McKnights - A waiver that will give California $6.2 billion to overhaul its Medicaid payment and care delivery systems received federal approval last week.  The five-year waiver, approved by the Centers for Medicare & Medicaid Services last Wednesday, allots…

Congress’ Budget Package Delivers Perks For Multifamily Investors

January 5, 2016, Bendix Anderson, National Real Estate Investor - Congress gave a nice Christmas present to the apartment building industry in the omnibus budget package, passed just before the holidays.  The budget package includes a long list of good things for apartment investors. International…