News
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.
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…
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…
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…
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…
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…
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…
August 31, 2018, Steve Monroe, Senior Care Investor - A county-owned skilled nursing facility in Fremont, Ohio may see a brighter future under its new private owner, which acquired the property for $2 million, or just $24,400 per bed. The three-story, 82-bed facility was built in 1965 and…
August 26, 2018, Maggie Flynn, Skilled Nursing News - Danny Prosky, one of the co-founders of American Healthcare Investors, Inc. (AHI), has spent more than 20 years in the field of health care real estate investment — and he remains solidly upbeat about the future of the skilled nursing…
August 23, 2018, Maggie Flynn, Skilled Nursing News - The 211-bed Avalon Southwest Health & Rehabilitation located in Tuscon, Ariz., was recently sold for $15 million, or $71,000 per bed. The SNF was owned by a group of investors based out of San Francisco, who leased it to Avalon Health…