News

Greystar Launches New Senior Housing Brand

September 9, 2020, Jackson Chen, Multi-Housing News - Greystar Real Estate Partners has launched another senior housing brand with its latest project in Fort Worth, Texas.  In partnership with The Carlyle Group, Greystar will build a 180-unit senior community for those 55 years of age or…

Regaining The Trust Of The Consumer

September 9, 2020, Steve Monroe, The SeniorCare Investor - If you believe the results of a recent survey done by Transcend Strategy Group, the senior living industry has a lot of work to do to get the consumer back on board.  A company called Transcend…

HHS Will Send 750K Abbott Point-Of-Care Tests To Nursing Homes Next Week

September 8, 2020, Alex Spanko, Skilled Nursing News - The federal government will release approximately 750,000 point-of-care COVID-19 tests from manufacturer Abbott to nursing homes next week in a separate, parallel initiative that builds on a previously announced push to bring coronavirus…

August Acquisition Volume Light, But Consistent

September 7, 2020, Ben Swett, The SeniorCare Investor - Can we call it a comeback when the seniors housing and care M&A market surpassed 20 deals in August?  We recorded 21 publicly announced transactions in the month, which is the highest total since April when 22 deals were disclosed. …

O&M Investments Makes Two SNF Acquisitions In Texas

September 4, 2020, Ben Swett, The SeniorCare Investor - A skilled nursing facility in an affluent Houston, Texas suburb found a new owner thanks to the expertise of Adam Heavenrich of Heavenrich & Company.  Built-in 2009 on an 80-acre medical campus that is anchored by the…

Florida COVID-19 Update: Governor Expected To Lift Visitation Restrictions

September 1, 2020, FHCA - Today, Governor DeSantis announced that he will be making revisions to Executive Order 20-002 which currently…

MBA: Pandemic Takes Aim At Commercial, Multifamily Mortgage Delinquency Rates

September 1, 2020, MBA.com - The coronavirus pandemic had a “dramatic and immediate impact” on delinquency rates for some mortgages backed by commercial and multifamily properties in the second quarter, although most continued to perform well, the Mortgage Bankers Association said in two…

HHS Expands Coverage Of Point-Of-Care Tests For Nursing Home COVID-19 Screening, Superseding State Bans

August 31, 2020, Maggie Flynn, Skilled Nursing News - The Department of Health and Human Services (HHS) announced Monday that it is extending coverage for prescribing or administering point-of-care COVID-19 tests to screen for the illness in congregate settings such as skilled nursing facilities. …

CIM’s $500M Multifamily Buy In Northern Virginia Among Priciest Ever

August 30, 2020, Dennis Lynch, TheRealDealCIM Group has closed on one of the biggest multifamily deals the Northern Virginia market has ever seen.  The investment firm paid $506 million for the 2,311-unit…

As CMS Cracks Down On Nursing Home Testing, Questions Remain On Logistics: ‘You Cannot Fine Your Way Out Of A Pandemic’

August 30, 2020, Alex Spanko, Skilled Nursing News - The federal government last week cracked down on COVID-19 testing in nursing homes, with a host of new fines exceeding $8,000 per instance, but some industry leaders — and a prominent geriatrician — have raised concerns about whether providers…