News

Welltower Takes $97 Million Write-Down On Genesis In Wake Of ‘Going Concern’ Notice

October 29, 2020, Alex Spanko, Skilled Nursing News - Welltower Inc. (NYSE: WELL) took a $97 million write-down associated with properties operated by Genesis HealthCare (NYSE: GEN) amid concerns about the nursing home giant’s future, the real estate…

Report: Nursing Homes Endure Massive PPE Shortages

October 27, 2020, Public Interest Research Group - Seven months into COVID-19 pandemic, 226,000 nursing home residents nationwide at risk.  Thousands of nursing homes nationwide are dealing with horrific shortages…

Top 5 Multifamily Projects Under Construction In Pittsburgh

October 26, 2020, Corina Stef, Multi-Housing News - Some 900 units—accounting for close to half of the development pipeline—are underway in downtown Pittsburgh, according to Yardi Matrix data.  Multifamily development in Pittsburgh is…

Century Rehab’s New CEO On The Pitfalls Of Telehealth In Nursing Homes — And Demand For Therapists Amid COVID

October 25, 2020, Maggie Flynn, Skilled Nursing News - The world of third-party rehabilitation was braced for a change in the skilled nursing setting when the Patient-Driven Payment Model, the Medicare reimbursement overhaul that took effect last year, effectively removed therapy as the driver…

HHS Relaxes Rules For Using Provider Relief Funds To Cover Lost Revenue

October 23, 2020, Alex Spanko, Skilled Nursing News - The federal government this week amended its rules for how providers can use coronavirus relief funding, specifically removing limitations around covering lost revenues not directly related to COVID-19.  The Department of Health and Human…

SNN Survey: Most Providers Will Survive Into 2021, But Capital Providers Remain Worried About Census

October 21, 2020, Alex Spanko, Skilled Nursing News - A recent Skilled Nursing News survey of nursing home operators found cautious optimism about the near-term future of the space, with a majority seeing a clear path to the future…

Labor Costs During The Pandemic

October 21, 2020, Ben Swett, The SeniorCare Investor - Rising labor costs during the pandemic are hurting the bottom line, but there are solutions.  As you may have heard, we will be hosting a webcast next…

Matros: CNAs Living Below Poverty Line ‘Unacceptable,’ Calls For Higher Minimum Wage Standards For Nursing Homes

October 21, 2020, Maggie Flynn, Skilled Nursing News - Staffing, a long-standing thorn in the side of skilled nursing operators even before the COVID-19 pandemic, has emerged as one of the most critical elements in how facilities manage an outbreak and navigate the current public health emergency. …

Apartment Debt Metrics Mostly Solid, But Gateway Metros Feeling Stress

October 19, 2020, Paul Fiorilla, Multi-Housing News - Analysis shows loans backed by apartments have seasoned well and generally have a strong cushion against default, explains Paul Fiorilla and Ben Bruckner of Yardi Matrix.  Most multifamily loans are prudently underwritten…

What Covid-19 Has Done

October 19, 2020, Ben Swett, The SeniorCare Investor - The American Seniors Housing Association, together with HealthTrust, contacted over 30 seniors housing operators that operate more than 180,000 units about what has happened to their occupancy levels,…