News

HUD Eases Regulations for Minor Nursing Home Repairs



Some nursing homes could cut down on the red tape needed to undertake minor repairs and renovations, thanks to a new rule issued by the Department of Housing and Urban Development. Nursing homes financed by HUD and located in areas at…

FVE Reports Certain Third Quarter 2013 Financial Data



November 12, 2013, Business Wire -
Five…

NIC: Seniors Housing Fundamentals Continue Strong



November 8, 2013, Chicago, IL, NIC - In a sign that the economy continues to recover, the fundamentals for the seniors housing sector in the United States improved once again in the third quarter of 2013, according to information recently released by the National Investment Center…

Ventas Buys 26 Communities from Holiday for $790 Million



October 25, 2013, Business Wire - Ventas Inc. (NYSE:VTR) has acquired a 26-property portfolio of independent living communities from Holiday Retirement for around $790 million, the REIT
Read more | Oct 25, 2013

Omnicare Pays $120 Million to Settle Suit



October 23, 2013, New York, NY, Law360 - Omnicare Inc. has agreed to pay $120 million to settle a whistleblower's False Claims Act suit claiming the pharmaceutical provider violated the Medicare anti-kickback statute by…

HHC Finance, LLC Provides $5MM Bridge to HUD Loan to Adcare



October 7, 2013, Chevy Chase, MD -
Housing & Healthcare Finance, LLC (HHC Finance), one of the nation's leading healthcare lenders, today announced the funding of a $5 million bridge to HUD loan to refinance…

The Ensign Group, Inc Reaches Settlement



October 2, 2013, Business Wire - The Ensign Group, Inc. (ENSG), the parent company of the Ensign(TM) group of skilled nursing, rehabilitative care services, home health, hospice care, assisted living and urgent care…

Government Shutdown Impacts Both Lenders and Borrowers



October 1, 2013, Senior Housing News - A looming government shutdown would impact lenders and borrowers working with Department of Housing and Urban Development programs—including those with healthcare facility projects—to varying degrees depending on how long a potential…