News

Upscale Apartments Mixed With Affordable In Milwaukee High-Rise

April 26, 2019, Tom Daykin, Milwaukee Journal Sentinel - Downtown Milwaukee's newest proposed apartment high-rise would mix people paying what could be among the city's highest rents with other residents whose income is perhaps half that of their neighbors.  Known…

Decades-Old Medicaid Rates Claim 20 Skilled Nursing Closures In Illinois - With More On The Way

April 23, 2019, Maggie Flynn, Skilled Nursing News - The state of Illinois bases its Medicaid reimbursements for nursing homes on calculations that are years out of date, leading to financial pressures that have closed 20 facilities in the state since March 2014.  That’s according to a new…

Nursing Homes Held By Skyline Owner Face Crisis, Bouncing Paychecks In Mass.

April 23, 2019, Maggie Flynn, Skilled Nursing News - A handful of nursing homes in Massachusetts held by the owner of the troubled Skyline chain have seen bounced paychecks in recent weeks — and at least one has had so many nurses’ aides leave that an entire floor had to close, The…

HHC Finance’s March Madness

April 17, 2019, Steve Monroe, SeniorCare Investor - Housing & Healthcare Finance posted a strong month in March with six HUD transactions closed for skilled nursing facilities in Florida, New Jersey, New York and Texas, plus one for a 156-bed supportive living facility in Illinois, all totaling…

Misleading Information For Consumers

April 17, 2019, Steve Monroe, SeniorCare Investor - A professor with a new book on dementia care claims a semi-private room in a “decent” nursing facility in a big city costs $240,000 per year. Hogwash.  I hate it when bad information gets out there, and a professor of psychiatry…

CMS Shares Strategies For Successful Collaborations Between ACOs, Nursing Homes

April 16, 2019, Maggie Flynn, Skilled Nursing News - The federal government released a breakdown of strategies that accountable care organizations (ACOs) have used to successfully partner with skilled nursing facilities — a move that could indicate policymakers’ continued support of the care…

REIT Resurgence Could Boost Skilled Nursing M&A Despite Near-Term Stress

April 16, 2019, Alex Spanko, Skilled Nursing News - The recent bullish performance of publicly traded real estate investment trusts (REITs) could have a virtuous cycle effect in the space, potentially boosting mergers-and-acquisitions activity in the skilled nursing and broader health care…

AHCA CEO: New Tax Law Raises Financial Pressure On Skilled Nursing Facilities

April 14, 2019, Maggie Flynn, Skilled Nursing News - The Tax Cuts and Jobs Act adds to the financial headwinds already rattling skilled nursing facilities by removing a key deduction without any kind of offsetting mechanism, American Health Care Association (AHCA) president and CEO Mark Parkinson 

The Bottom Line: How Summit REIT CFO Pagliarini Evaluates Skilled Nursing Deals

April 14, 2019, Alex Spanko, Skil.ed Nurisng News - Summit Healthcare REIT, Inc. has a bullish outlook on skilled nursing properties over the coming years, but that doesn’t mean every property is a winner.  As of the end of 2018, the Lake Forest, Calif.-based real estate investment trust…

Senior Housing Properties Trust Still Falling

April 12, 2019, Steve Monroe, SeniorCare Investor - It has been more than a week since Senior Housing Properties Trust (NASDAQ: SNH) and Five Star Senior Living made their announcement…