News

Brooklyn Multifamily Report – Spring 2021

June 21, 2021, Razvan Cimpean, Multi-Housing News - Like most coastal markets, the beginning of the pandemic translated into sharp rent declines across New York City boroughs.  Rent development, however, started gaining ground after hitting bottom in October 2020.  As of March, Brooklyn rents…

MedPAC: SNF Value-Based Purchasing Program Should ‘Be Eliminated And Replaced As Soon As Possible’

June 21, 2021, Maggie Flynn, Skilled Nursing News - The value-based purchasing (VBP) program for skilled nursing facilities was implemented in 2018 as part of the 2014 Protecting Access to Medicare Act – and three years later, the program is showing “fundamental design flaws” so significant…

Trilogy Health CEO: We Aim For 90% Occupancy Recovery In 2021, Eye Ancillary Service Growth

June 21, 2021, Alex Zorn, Skilled Nursing News - Trilogy Health Services, one of the largest skilled nursing and senior living providers in the United States, is aiming to recover 90% of pre-pandemic occupancy by the end of the year.  The Louisville-based company also is pursuing selective…

Diversified Service Lines Make SNFs Better Positioned For Post-Pandemic World

June 20, 2021, Amy Stulick, Skilled Nursing News - Skilled nursing facility operators and others in the senior care industry with diversified service lines are in a better position to care for residents at this point in the pandemic — and in the future.  Operators with a diverse payer mix…

Nursing Homes Must Tout Safety Measures, Promote Transparency In A Post-COVID World

June 16, 2021, Amy Stulick, Skilled Nursing News - Communicating safety precautions is key to restoring census at skilled nursing facilities — and rebuilding trust among residents and families — according to a presentation hosted Tuesday by the Advisory Board.  In a presentation covering…

SNF Operators Likely To Invest In Clinical Capabilities, Home Care Lines To Stay Competitive

June 16, 2021, Alex Zorn, Skilled Nursing News - The ultimate role skilled nursing facilities will play in the post-acute care continuum coming out of COVID-19 remains to be seen.  Home-based care utilization has skyrocketed over the past year, partly due to favorable policies out of the…

Rethinking Multifamily Risk Post-COVID

June 14, 2021, Natalie Dolce, GlobeSt.com - The pandemic has forced organizations to make massive operational changes that have impacted the balance sheet, scattered the CRE workforce and exposed the industry to new levels of risk.  Panelists at the NMHC annual meeting here in San Diego…

LTC Properties Divests Three ALFs In Wisconsin

June 9, 2021, Ben Swett, The SeniorCare Investor - In the ongoing plan to reposition its relationship with Senior Lifestyle CorporationLTC Properties has sold three assisted living communities in Wisconsin.  The sales price was $35.0 million, or about $133,100…

Welltower Announces Investments, Credit Facilities & A New Hire

June 9, 2021, Ben Swett, The SeniorCare Investor - Welltower came out with a flurry of announcements yesterday, all significant and all seemingly good news.  To start, John Burkart was appointed Executive Vice President, Chief Operating Officer…

More Good News From Welltower And Ventas

June 9, 2021, Ben Swett, The SeniorCare Investor - Census is on the rise at the SHOP portfolios of the biggest healthcare REITs.  After more than a year of mostly depressing news, it is nice to see that more good news keeps on coming.  With a year of canceled earnings forecasts…