News

Kandu Capital Can Do It Again

July 30, 2021, Ben Swett, The SeniorCare Investor - Last month we reported on the sale of two senior living communities in South Carolina by Kandu Capital and its operating affiliate Bloom Senior Living.  They did well on the sale, especially at the tail end of COVID,…

Welltower Announces Big Census Gains

July 30, 2021, Ben Swett, The SeniorCare Investor - Welltower released its second-quarter earnings results, and its growth strategy was on full display with $1.5 billion in pro-rata gross investments from April to June, at an initial yield of 8.8%.  That does not even include…

Scarp Ridge Real Estate Partners Is Launched

July 23, 2021, Steve Monroe, The SeniorCare Investor - If you believe that the worst of the pandemic is behind us, and that after all the distress of the past 15 months opportunity abounds, then you want to be an investor in seniors housing.  That is just part of the thinking of the partners…

Diversified Healthcare Trust Transitioning 66 Communities

July 20, 2021, Ben Swett, The SeniorCare Investor - A few months ago, Diversified Healthcare Trust announced it would transition 108 of 228 senior living communities managed by Five Star Senior Living to new operators.  It has now found three operators to take over…

Evergreen Real Estate Completes Affordable Housing Project

July 19, 2021, Ben Swett, The SeniorCare Investor - Ravenswood Senior Living, a 193-unit affordable seniors housing development in Chicago's Ravenswood neighborhood, was recently completed by Evergreen Real Estate Group (Evergreen), Synergy Construction Group (Synergy)…

Affordable Housing Firm Partners With CareMax To Build 75 Health Centers In Underserved Communities

July 13, 2021, Alia Paavola, Becker's Hospital Review - Related, an affordable housing developer in the U.S., will…

Monitoring Technology Is On The Rise — SNFs Decide If It Helps Or Hinders

July 11, 2021, Amy Stulick, Skilled Nursing News - As nursing home operators introduce more sophisticated monitoring technology to their facilities, the benefits of such tools sit on a knife’s edge.  Monitoring platforms may help caregivers do more with less during a pandemic-exacerbated…

Ignite Medical Resorts CEO: The Time Is Now For Value-Based Care, Industry Must Start Taking Risk

July 9, 2021, Alex Zorn, Skilled Nursing News - Ignite Medical Resorts, a short-term rehabilitation and nursing care provider that reimagines the traditional post-acute experience with “luxury resorts,” opened three new buildings during COVID-19 and has no plans of slowing…

Boise, Other Zoom Towns Still Leading Multifamily Rent Growth

July 8, 2021, Lynn Pollack, GlobeSt.com - Apartment rents are increasing at the fastest rate seen in decades, with Zoom boomtown Boise posting the biggest increases in the second quarter.  Boise, a favorite destination for pandemic WFH-ers, showed the most aggressive annual rent…

Acquisition Market Continues To Be On Fire For Nursing Homes

July 7, 2021, Alex Zorn, Skilled Nursing News - Despite low occupancy rates and uncertainty…