News

Why The Median Skilled Nursing Margin Fell Below 0%

November 24, 2019, Alex Spanko, Skilled Nursing News - Earlier this fall, a decades-old annual survey of nursing home finances revealed that for the first time, the median operating margin for the nation’s skilled nursing facilities fell below zero.  While the statistics from consulting firm…

Brookfield Breaks Ground On $950M Bronx Mega-Project

November 22, 2019, Greg Isaacson, Multi-Housing News - Brookfield Properties has started construction of Bankside, a $950 million waterfront residential development in the South Bronx’s Mott Haven neighborhood that will bring more than 1,350 apartments to the New York City borough.  The project’s…

NHP Foundation Grows Its Chicago Holdings

November 21, 2019, Steve Monroe, SeniorCare Investor - The NHP Foundation, a New York-based not-for-profit organization known for preserving and developing affordable housing, just acquired its first Chicago-area senior apartment building, and fourth property overall in the…

SNF Providers Are On A PDPM Learning Curve

November 21, 2019, Ben Swett, SeniorCare Investor - It’s been less than two months since the new Patient Driven Payment Model (PDPM) was implemented across all SNFs participating in Medicare Part A, and while no one can make definitive conclusions on the results and success of the program…

Recent Congressional Testimony

November 20, 2019, Steve Monroe, SeniorCare Investor - Skilled nursing gets hammered, again, in Congressional hearings, but they avoid the biggest overall problem: lack of funding.  So, did you think I was going to talk about the impeachment hearings?  No way.  That would be…

Why Buy/Sell Markets Don’t Overlap For Retail And Multifamily

November 20, 2019, Kelsi Maree Borland, GlobeSt.com - The retail and multifamily asset classes are following opposing supply-and-demand trends.  As a result, the buy and sell markets for the two don’t overlap, and sometimes are even in opposition.  According to a retail and multifamily report…

Strawberry Fields REIT Invests In Indiana SNF

November 19, 2019, Steve Monroe, SeniorCare Investor - Strawberry Fields REIT grew its portfolio once again, with the recent purchase of a 72-bed skilled nursing facility located in Muncie, Indiana (Indianapolis MSA), pushing the REIT’s total Skilled Nursing holdings to over…

The Key To Finding Multifamily Investments

November 18, 2019, Mortgage Professional America - Multifamily properties can supercharge your real estate investment portfolio.  More doors equal more dollars, and more dollars give you the ability to profit while also adding properties…

Looming 8% Cut To Therapy Payments Could Have ‘Major Impact’ On Residents, Operators

November 17, 2019, Lyndee Yamshon, Skilled Nursing News - There’s been significant attention focused on the potential for therapy reductions and reimbursement shifts amid the transition to the Patient Driven Payment Model (PDPM) on October 1, but concerns may soon be shifting to another looming…

Christian Living Communities Adds To Colorado Portfolio

November 15, 2019, Ben Swett, SeniorCare Investor - Christian Living Communities, a Denver-based not-for-profit owner/operator of senior living communities across the country, added a 26th property to its portfolio.  Located in Grand Junction, Colorado (just east of the Utah…