News

Aeon Opens Twin Cities Affordable Community

September 23, 2019, Jeffrey Steele, Multi-Housing News - Nonprofit developer Aeon has unveiled The Louis, a 70-unit affordable property in the Towerside district of Minneapolis, Minn.  Located at 3001 4th St. S.E., The Louis directly responds to the neighborhood’s…

State-Level Opposition To CMS Regulatory Rollbacks For Nursing Homes Grows

September 22, 2019, Maggie Flynn, Skilled Nursing News - The attorneys general from New York, Illinois, Maryland, Michigan, Nevada, and Oregon all jointly pushed back on the delay of regulations for nursing homes, a move that came at the same time as similar criticism by California’s top…

Blueprint Sells Successful SNF In Maryland

September 20, 2019, Ben Swett, SeniorCare Investor - Despite strong operations, a Maryland skilled nursing facility was deemed to be non-core and slated for sale in a transaction led by Steve Thomes and Joshua Salzman of Blueprint Healthcare Real Estate Advisors.  Located…

Skilled Nursing, Post-Acute Providers Must Embrace ‘Death Of Dogma' To Survive Shift To Episodic Care

September 19, 2019, Alex Spanko, Skilled Nursing News - As payers and hospital networks increasingly treat skilled nursing facilities as just one stop along an overall episode of care, operators in the space have received a variety of messages about how to survive: Bring data, get to know…

Confluent/HRA Enters Connecticut Senior Living Market

September 19, 2019, Steve Monroe, SeniorCare Investor - Confluent Senior Living and Harbor Retirement Associates are entering the Connecticut market with their development of a 113-unit assisted living/memory care community in the greater Hartford area. …

Elevation Financial Group Acquires Four Properties

September 19, 2019, Ben Swett, SeniorCare Investor - Elevation Financial Group is making a name for itself in the affordable seniors housing market, having just announced two acquisitions comprising four properties in two states.  First, the Orlando, Florida-based real estate…

With Assisted Living Pickups, Symphony Post-Acute Targets Wider Swath Of Care Continuum

September 18, 2019, Maggie Flynn, Skilled Nursing News - In a U.S. health care landscape dominated by calls to shift from silos to episodic care, skilled nursing facilities have been feeling the pressure to expand their reach.  For the Chicago-based Symphony Post Acute Network, that urge…

NIC Takeaways

September 18, 2019, Steve Monroe, SeniorCare Investor - The record crowd of 3,300 attendees were mostly positive about the market despite the headwinds.  After spending four days last week in Chicago with my 3,300 best friends, my one big takeaway is the continued positivity…

Skilled Nursing Provider Athena Settles DOJ Probe Over Opioid Denials As Feds Promise More Crackdowns

September 18, 2019, Alex Spanko, Skilled Nursing News - The federal government this week announced a settlement with a regional skilled nursing chain that officials accused of discriminating against residents with opioid use disorder.   Athena Health Care Systems will adopt a non-discrimination…

Healthcare Trust Buys In San Diego

September 11, 2019, Ben Swett, SeniorCare Investor - It’s been a while since we’ve seen Healthcare Trust Inc. as a buyer in the seniors housing market.  Well, the public, non-traded REIT has acquired a 91-unit/117-bed senior living community in San Diego, California, for…