News

Occupancy Trends Upward, But ‘Crucial’ Second Half Could Make Or Break

September 6, 2021, Amy Stulick, Skilled Nursing News - Occupancy continued to grow through the month of June for nursing homes — five months in a row — according to statistics released…

‘Punitive’ Federal Mandate Hurts An Already Fragile Public Trust In Nursing Homes

September 6, 2021, Amy Stulick, Skilled Nursing News - The Biden administration’s vaccine mandate has dug a deeper hole for the nursing home industry, which has been trying to rebuild its reputation after a year and a half of negative press tied to the pandemic.  Targeting the industry has…

Frustration Growing Over ‘Very Unfair’ Federal Nursing Home Regulations

September 2, 2021, Alex Zorn, Skilled Nursing News - As nursing home operators across the country work to implement a staff vaccination mandate that many feel singles out the industry, those…

ISL Assumes Operations Of Six Midwest Communities

September 2, 2021, Ben Swett, The SeniorCare Investor - Integral Senior Living has assumed the operations of five new seniors housing communities in Indiana and one in Michigan.  The communities are owned by Griffin-American Healthcare REIT III, Inc. Meridian Senior…

New York Passes Bill Extending Eviction Moratorium To January 2022

September 1, 2021, Mihir Zaveri, The New York Times - New York is the first state to pass a new measure to protect struggling renters since the Supreme Court whittled away at existing shields against eviction.  New York State lawmakers on Wednesday agreed to extend sweeping protections…

DAC Acquisition To Acquire Diversicare

August 27, 2021, Alex Zorn, Skilled Nursing News - DAC Acquisition LLC has entered into a merger agreement with Diversicare Healthcare Services (OTCQX: DVCR) for $10.10 per share in a deal announced on Friday.  The price represents a value of approximately 256% from Diversicare’s closing…

What’s Behind Apartment Rents' Meteoric Rise And Will It Last

August 25, 2021, Lynn Pollack, GlobeSt.com - A rise in household formation and the prohibitively high cost of homeownership in many US metros has pushed apartment rents up 11% in the first half of the year, according to a new report from Apartment List.  The increase is more than double…

‘Tis The Season For Takeovers

August 25, 2021, Ben Swett, The SeniorCare Investor - One group of investors essentially took control of Genesis HealthCare, another group is trying to do the same thing with Capital Senior Living, and a third group wants to buy Diversicare Healthcare…

60 Seconds With Ben Swett: Staffing Scarcity Stunting The Recovery?

August 25, 2021, Ben Swett, The SeniorCare Investor - Driving through New England this past weekend, I was struck by the number of “help wanted” and “we’re hiring” signs across dozens of storefronts and billboards advertising job fairs for many types of businesses.  All I kept thinking about…

New York Investor Makes Takeover Bid For Diversicare

August 25, 2021, Jordyn Reiland, Skilled Nursing News - A New York-based investor has expressed interest in buying nursing home operator Diversicare Healthcare Services.  New York-based retirement assets manager MCS Plan and its manager Ephram “Mordy” Lahasky have offered to pay $10.10 for…