News

Back To HUD

February 3, 2016, Ben Swett, Senior Care Investor - Just weeks after closing HUD’s largest ever SNF loan (an $80.7 million loan to refinance the existing conventional bank debt at a 520-bed skilled nursing facility in Manhattan, New York), Housing…

CareTRUST REIT Buys Nine SNFs

February 2, 2016, McKnightsCareTrust REIT Inc. has acquired nine skilled nursing facilities in Iowa for around $32.7 million.  The portfolio of 518 skilled nursing beds will be leased to Trillium Healthcare Group LLC. The acquisition was effective…

How A New Payment Stream Could Come To Senior Care

February 1, 2016, Tim Mullaney, Senior Housing News - As baby boomers age over the next several decades, the demand for senior care options will increase—and there currently are limited ways for middle-income earners to pay for these services.  It’s an issue that the senior living industry…

FHA To Cut Multifamily Insurance Rates

January 28, 2016, Christine Serlin, Affordable Housing Finance - The Federal Housing Administration (FHA) announced Thursday that it will cut multifamily mortgage insurance rates starting April 1 to stimulate the production and rehabilitation of affordable, mixed-income, and energy-efficient…

Shining The Light On Skilled Nursing

January 27, 2016, NIC Blog - Skilled nursing hasn’t escaped the sweeping changes affecting how health care is delivered and paid for in this country.  But unlike the rest of the seniors housing and care industry, which has experienced a significant surge of capital, skilled nursing has received…

Pressure Builds For Capital Senior Living To Sell

January 25, 2016, Mary Kate Nelson, Senior Housing News - An investment management firm that late last year publicly pushed for the sale of Capital Senior Living Corp.…

The Added Cost Of Memory Care

January 20, 2016, Ben Swett, Senior Care Investor - If you have been following the seniors housing construction market in the last couple of years, you probably have noticed that most of the development that has happened has been assisted living, memory care or some combination of the…

HHC Finance Closes $81M HUD Loan In New York

January 19, 2016, Michael Tucker, MBA Newslink - Housing & Healthcare Finance LLC, Chevy Chase, Md., closed HUD's largest refinance of a single-asset skilled nursing facility loan: $80.7 million for The Riverside Premier Rehabilitation & Healing Center on Manhattan's Upper West Side.  The…

What The Evolution Of Skilled Nursing Facilities Means For You

January 19, 2016, Beth Burnham Mace, National Real Estate Investor - The modern skilled nursing industry began in 1965 when Medicare and Medicaid programs were enacted. In the 50 years that have passed, the skilled nursing sector has undergone significant transformation. Today, it continues…

State's For-Profit SNF Chains Deliver Lower Quality Of Care, Consumers Say

January 19, 2016, Emily Mongan, McKnights - Maryland's for-profit nursing home chains rank lowest in family-reported care quality ratings, according to a new…