Brookdale Names Tricia Conahan as Chief Marketing Officer
April 2, 2014, Brentwood, TN, PRNewswire - Brookdale Senior Living, Inc. (BKD) today announced that Tricia Conahan has joined the company in the newly created position of Executive…
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Sabra Exercises Purchase Option on 2 SNF's for $24.5 Million
March 5, 2014, Irvine, CA, Globe Newswire - Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (SBRA) (
White House Proposes Accelerated SNF Payment Cuts
The White House's proposed 2015 budget includes sharp cuts to skilled nursing facility reimbursements, which has drawn strong criticism from the nation's largest long-term care provider group. To cut federal spending on healthcare by $402 billion over the next 10 years,…
Emeritus to Merge with Brookdale Senior in $2.8 Billion Deal
Merger Transforms Brookdale into the Only National Full-Spectrum Senior Living Solutions Company, with over 1,100 Communities in 46 States
February 20, 2014, Nashville, TN and Seattle,…
Brookdale Announces Fourth Quarter and Full Year 2013 Results
February 5, 2014, Nashville, TN, PRNewswire - Brookdale Senior Living Inc. (BKD) (the "Company") today reported financial and operating results for the fourth quarter and full year 2013. Andy Smith, Brookdale's CEO,…
Sabra Health Care REIT, Inc. Announces HUD Refinancings of $44.8 Million
January 23, 2014, Irvine, CA, Globe Newswire - Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (SBRA) announced its outlook for…
HHC Funding & Congressional Bank Complete $5.5MM ABL to Cypress Skilled Nursing
HHC Funding, an affiliate of Housing & Healthcare Finance, LLC, and Congressional Bank announced today the closing of a $5.5 million asset-based line of credit to Cypress Skilled Nursing, LLC and its affiliates. The line of credit will be used for ongoing working capital needs associated…
Senior Care Investor - Financing of the Week
January 15, 2014, Senior Care Investor Dealmakers Forum E-Newsletter - One lucky borrower in Missouri was able to refinance four skilled nursing facilities with 594 beds at an attractive rate through the HUD 232 program. The total loan amount was $22,456,000, or about $37,800…
Medicaid Underfunds Nursing Care to its Highest Deficit Ever
January 13, 2014, Washington, DC - The American Health Care Association (AHCA) today released a report by a Medicaid expert demonstrating again that the long term care services of America's most vulnerable…
Skilled Nursing M&A Expected to Hinge on Mom & Pops in 2014
Skilled nursing mergers and acquisitions in 2014 are likely to be fueled by ongoing regulatory and reimbursement uncertainty and its impact on small operators, brokers and investors agree. "Our pipeline is deeper on the nursing home side because of the uncertainties," says Jeremy Stroiman,…