News

Nonprofit Breaks Ground On Affordable LA Project

March 29, 2019, Laura Calugar, Multi-Housing News - Nonprofit Clifford Beers Housing has begun work on Vistas del Puerto Apartments, a 47-unit community in Long Beach, Calif. KFA Architecture designed the affordable housing project, which is set to serve households earning between 30 and…

The ABCs Of The Independent Living Market

March 29, 2019, Steve Monroe, SeniorCare Investor - For some years now, we have separated out the assisted living and independent living M&A markets into a couple of quality-based categories, classified as “A,” “B,” and “C” properties.  The determination is made by the property’s age, location…

Helios Heads To Jackson, Mississippi

March 29, 2019, Steve Monroe, SeniorCare Investor - Jeff Rhodes and Bill Janis of Helios Healthcare Advisors, continuing Helios’ impressive start to 2019, handled the sale of a 120-bed skilled nursing facility in Jackson, Mississippi. Originally built in 1984 with 60 beds…

Georgia Skilled Nursing Facility Sells For $7.3M

March 28, 2019, Maggie Flynn, Skilled Nursing News - Southern Health Corporation of Ellijay, Inc., a subsidiary of SunLink Health Systems (NYSE American: SSY), sold its Parkside Ellijay Nursing Home and…

Wave Of Anticipated Skilled Nursing M&A Action Still Offshore For Now

March 28, 2019, Maggie Flynn, Skilled Nursing News - Major real estate investment trusts (REITs) with stakes in the skilled nursing world almost universally expressed optimism about the coming change in Medicare Part A reimbursement — and several predicted changes in mergers and acquisitions…

Strong M&A Activity Continues

March 27, 2019, Steve Monroe, SeniorCare Investor - As we head to the end of the first quarter, seniors housing and care M&A activity may reach 100 transactions for the fourth consecutive quarter.  I should no longer be amazed by how strong the seniors housing and care…

Why Five-Star Ratings Should Measure Staff Retention, Not Staff Ratios

March 26, 2019, Elanor Barbara, McKnight's Long-Term Care News - The Five-Star Quality Rating System reports the results of health inspections, staffing and…

HHHunt Moves Deeper Into Apartments And Senior Living Communities

March 26, 2019, Scott Sowers, Multifamily Executive - Real estate developer HHHunt based in Richmond and Blacksburg, Va., recently announced plans to plow $428 million into the multifamily market segment this year in the form of apartments and senior…

Shorter Stays Bring Rewards Under PDPM — But Only To A Point

March 26, 2019, Maggie Flynn, Skilled Nursing News - Skilled nursing providers might be able to reap financial gains under the new Medicare payment model taking effect in October of this year if they can cut their average patient length of stay (LOS).  But the gains will only hold until a…

Focus On Behavioral Residents Lands SNFs $10.5M

March 26, 2019, Maggie Flynn, Skilled Nurisng News - As the prevalence of behavioral health issues grows among the nursing home-aged population, one group of skilled nursing facilities received a major grant through the Resident Centered Behavioral Health (RCBH) project to help improve mental…