News

Genesis Inks $79M Deal To Cede Control Of 19 Facilities

February 4, 2020, Alex Spanko, Skilled Nursing News - Genesis HealthCare (NYSE: GEN) on Tuesday announced a set of deals that will see the skilled nursing giant transfer control of 19 facilities in the West to a regional operator — while also still serving as a provider of back-office support…

Genesis HealthCare Sheds More SNFs

February 4, 2020, Ben Swett, SeniorCare Investor - Genesis HealthCare continues to pare down its skilled nursing portfolio, putting the leaner company on surer financial and operational footing.  The provider entered into a series of agreements with New Generation…

11 Markets With Weak Assisted Living Rent Growth

January 30, 2020, Tim Regan, Senior Housing News - When it comes to assisted living rent growth, senior living providers in some markets are lagging behind.  In fact, there are 11 major metro areas where assisted living rent growth and occupancy is behind the curve, according to a new 

RAD Completes Conversion Of Over 14,000 Rental Assistance Payment Program Units

January 29, 2020, HousingOnline Weekly - HUD’s Office of Multifamily Housing has recently hit a new milestone: the last properties with contracts under…

New York Nursing Home Providers Could See CON Tax Hike On New Buildings

January 28, 2020, Maggie Flynn, Skilled Nursing News - Health care providers — including skilled nursing operators — in New York could see a new 3% surcharge on all new facilities under the governor’s proposed budget for fiscal 2021.  The New York Post first…

Tips For Early PDPM Success: Demand More Data from Hospitals, Market Higher-Acuity Services

January 28, 2020, Alex Spanko, Skilled Nursing News - The early returns for the new Medicare nursing home payment model have been positive, but providers aren’t seeing…

Assisted Living Administrator Salaries Jumped 3.6% In 2019

January 27, 2020, Chuck Sudo, Senior Housing News - Wages for salaried and hourly assisted living employees continued an upward trend in 2019, with administrator salaries seeing the largest average increases.  That’s according to a Senior Housing News analysis of the most recent Assisted…

Tryko Partners Picks Up Another Philly-Area SNF

January 24, 2020, Ben Swett, SeniorCare Investor - Private equity firm Tryko Partners added to its Philadelphia-area skilled nursing portfolio with the acquisition of a 240-bed facility in the city’s Lexington Park neighborhood.  Situated on a 1.8-acre site about five minutes…

Blueprint Handles Large Louisiana Portfolio Deal

January 24, 2020, Ben Swett, SeniorCare Investor - So, it begins.  Brooks Blackmon and Steve Thomes of Blueprint Healthcare Real Estate Advisors announced the firm’s first closing in 2020, selling a portfolio of five…

Brookdale Buys Eight NHI-Owned Communities

January 24, 2020, Ben Swett, SeniorCare Investor - Brookdale Senior Living exercised its purchase option on eight assisted living communities that it operated on behalf of the owner, National Health Investors.  The transaction was hinted at in NHI’s third-quarter…