News
CMS Issues Holiday Guidance For Nursing Homes: No Visitation Changes, Leaving Facilities Discouraged
November 18, 2020, Alex Spanko, Skilled Nursing News - The federal government on Wednesday issued an alert to nursing home operators and residents, urging extreme caution during the impending holiday…
Feds Look To Expand Special Focus Facility List Of Poor-Performing Nursing Homes, Create New Ranking System
November 17, 2020, Maggie Flynn, Skilled Nursing News - The two U.S. senators who last year released a “secret” list of nursing homes under consideration for inclusion on a formal list of facilities with major quality issues are now calling for expanded oversight of poorly performing skilled…
Where Are The Gray Panthers?
November 18, 2020, Steve Monroe, The SeniorCare Investor - Seniors in and out of seniors housing communities need to mobilize, and AARP has not been doing its job representing their members. Where are the Gray Panthers when you need them? Many of you may not remember this 1970s…
Another Major SNF Acquisition Closes
November 16, 2020, Ben Swett, The SeniorCare Investor - When it rains, it pours, we suppose. Last week, Eagle Arc Partners acquired a portfolio of 20 skilled nursing facilities in the Southeast, the largest SNF deal that we had seen for some time. Just a day later, Evans…
Invesque To Cut Symphony Exposure In Half, Reports No Bridgemoor Revenue As Post-Acute COVID Strains Mount
November 15, 2020, Alex Spanko, Skilled Nursing News - Invesque Inc. (TSE: IVQ.U) this week reported significant COVID-19 strains on a pair of its post-acute care tenants, with the skilled nursing landlord taking steps to reduce its exposure to Symphony Care Network and reporting no revenue…
CVS Health Invests In Orlando Affordable Housing Project
November 12, 2020, Erika Morphy, GlobeSt.com - CVS Health will invest $8.7 million to build a 116-unit affordable housing project in the Mercy Drive submarket of Orlando. The Fairlawn Village development is part of the City of Orlando’s Mercy Drive Vision Plan, which has found…
Multifamily Rents Remain Flat Nationwide In October
November 12, 2020, Christine Serlin, Multifamily Executive - Multifamily rents remained flat for the third consecutive month. However, the national numbers appear misleading, according to Yardi Matrix, with a growing divergence between primary and secondary markets. Year over year, rents…
As Admissions Stall And Aid Dries Up, ‘Losses Are Coming’ For Nursing Homes In ‘Bleak’ First Half Of 2021
November 11, 2020, Maggie Flynn, Skilled Nursing News- The steps taken by regulators to cut red tape for skilled nursing facilities during the COVID-19 pandemic have been extremely helpful in stabilizing operations, and the financial support from various rounds of stimulus funds has kept…
NMHC: Pandemic Continues To Impact Multifamily Construction
November 9, 2020, Christine Serlin, Multifamily Executive - The ongoing COVID-19 pandemic continues to affect multifamily development, according to the latest round of the National Multifamily Housing Council (NMHC) Construction Survey. …