News

Northwind Acquires $182.5M Skilled Nursing Portfolio

September 26, 2018, Maggie Flynn, Skilled Nursing News - Northwind Group, a real estate owner-operator based in Manhattan, acquired a portfolio of seven skilled nursing facilities with a total of 1,037 beds in Ohio and northern Kentucky.  Along with one 110-unit assisted living property,…

HHC Finance Finishing HUD Year Strong

September 21, 2018, Steve Monroe, SeniorCare Investor - The HUD fiscal year is about to end, and Housing & Healthcare Finance (HHC Finance) is finishing with a flourish, closing a $19 million refinance for a 90-bed skilled…

Why Smart Building Solutions Are Right For Senior Living Communities

September 13, 2018, James Walton, McKnight's Senior Living - Senior living executives face insurmountable pressure to reduce overhead expenses without compromising resident care and services.  With senior housing occupancy rates hovering around 85%, owners and operators are actively…

$312 Million Seniors Housing And Care Fund Closes

September 13, 2018, Lois Bowers, McKnight's Senior Living - Red Bank, NJ-based Locust Point Capital has closed its debut fund in seniors housing and care, the Locust Point Private Credit Fund, oversubscribed at $312 million, the asset management firm announced Wednesday.

Insurance Company To Expand Assisted Living Coverage

September 13, 2018, Lois Bowers, McKnight's Senior Living - CNA Financial Corp. is expected to expand its coverage of beneficiaries in assisted living communities in 11 states as part of a lawsuit settlement worth up to $4.85 million.  The company was accused of inappropriately…

Skilled Nursing Occupancy Falls To New Low In Second Quarter

September 12, 2018, Alex Spanko, Skilled Nursing News - The skilled nursing industry set another record low in occupancy during the second quarter of 2018.  Skilled nursing facilities were 81.7% full during the quarter according to the most recent set of data from the National Investment…

SNN Interview: Congressman Wants to Find Balance Between Regulations, Operator Autonomy

September 11, 2018, Alex Spanko, Skilled Nursing News - Last week, two leaders of the powerful House Ways and Means Committee — chairman Kevin Brady and health subcommittee chairman Peter Roskam — called on the Centers for Medicare & Medicaid Services (CMS) to slash…

ACO Announcements Add To Existing Skilled Nursing Pressures

September 10, 2018, Maggie Flynn, Skilled Nursing News - Value-based arrangements generate much of their savings by shifting spending away from the post-acute setting, according to recent…

Blueprint Handles Record Sale In Oregon

September 7, 2018, Steve Monroe, Senior Care Investor - We just recorded the highest-priced single-asset seniors housing sale in the state of Oregon, in a transaction handled by Blueprint Healthcare Real Estate Advisors’ Dan Mahoney, Jacob Gehl and Blake Bozett.  The target…

Has The Skilled Nursing Industry Finally Hit Bottom?

September 3, 2018, Alex Spanko, Skilled Nursing News - As summer ends, it’s tempting to start looking ahead to what 2019 will hold for the skilled nursing industry.  While the widely praised new payment model will likely grab the most attention, next year could also signal an upward climb…