News

Rising Interest Rates and Seniors Housing: How Big a Threat?

July 27, 2015, Beth Burnham Mace, National Real Estate Investor - Investor interest in the seniors housing and care sector is strong. Transaction volumes in the second quarter of 2015 reached near-record highs, with more than $23.4 billion of deals closing on a rolling four-quarter…

Buying and Selling Your HUD-Financed Long Term Care Project: Navigating the TPA Process

July 21, 2015, Andrea Barach, Baker Donelson Newsletter - So you have refinanced your long term care facility with Federal Housing Authority (FHA)-insured financing – a nonrecourse, 30-year (or longer) loan at an amazingly low fixed interest rate. Yes, the process may have been painful,…

Alzheimer's and Medicare Spending to Boom Over Next 25 Years

July 20, 2015, Holly Petrovich, McKnights - Over the next 25 years, more than 28 million baby boomers will develop Alzheimer's disease, and the cost of care will consume nearly 25% of Medicare spending, according to an analysis

CMS Proposal Includes Mandatory Antibiotic Stewardship Programs

July 19, 2015, Emily Mongan, McKnights - Nursing home regulation changes announced by the Centers for Medicare & Medicaid Services last week includes a proposal that would require

Senior Living CEOs: How to Solve the Staffing Crisis

July 19, 2015, Jason Oliva, Senior Housing News - The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior…

An End to Mandatory Arbitration Agreements in Nursing Homes?

July 17, 2015, Lisa Schencker, Modern Healthcare - Nursing home and patient advocates alike say a new proposed rule from the CMS forbidding such facilities from requiring residents to sign binding arbitration agreements is long overdue. But some say parts of the proposed rule might create…

Three High-Priced Acquisitions in PA

July 17, 2015, The Senior Care Investor - In a sale-manageback transaction, a non-traded REIT purchased three senior living communities with 328 total units in Pennsylvania fromHeritage Senior Living for $87.5 million, or $266,800 per unit. Compared to…

NorthStar, Partners Close on Extendicare JV

July 16, 2015, Paul Bubny, GlobeSt.com - NorthStar Healthcare Income and its two joint venture partners, Formation Capital LLC and Safanad Management Ltd., has closed on the acquisition of operator Extendicare International.…

'Safe Staffing' Legislation Still Needs Work, State Healthcare Leader Says

July 16, 2015, Emily Mongan, McKnights - A bill requiring Washington nursing homes to provide each resident with more than three hours of direct care per day was

Philips is Spearheading Senior Care's Newest Tech Hub

em>July 16, 2015, Jason Oliva, Senior Housing News - Multinational tech giant Philips is at the center of a new research hub that aims to develop services and solutions focused senior care technology. And the company has enlisted a slew of collaborators, including in senior living, to further…