U.S. Multifamily Market Seen To Remain Strong In 2019
May 15, 2019, PRNewswire - After posting significant gains in 2018, the U.S. multifamily market is expected to show continued strength this year, amid swelling demand among…
News
LTC To Sell Majority Of 23 Buildings Operated By Preferred Care
May 13, 2019, Alex Spanko, Skilled Nursing News - LTC Properties (NYSE: LTC) late last week announced a plan to sell off the majority of the 23 buildings in its portfolio operated by Preferred Care, Inc., citing the bankrupt provider’s desire to minimize its relationship with the real estate…
Ciena Looks To Build On Bundled Payment Success With Medicare Advantage
May 12, 2019, Maggie Flynn, Skilled Nursing News - As the health care system continues to push skilled nursing providers in the direction of risk, the Ciena Group has relied on lessons learned from bundled payments as it looks at entering the world of Medicare Advantage.
The fact…
CareTrust REIT Doubles Down In Texas
May 6, 2019, Steve Monroe, SeniorCare Investor - CareTrust REIT just keeps on growing, adding its 212th net-leased property to its portfolio. The target, a 118-bed skilled nursing facility in Dallas, Texas, sold for approximately $10.0 million, or about $84,750…
HCP Is Making Moves
May 6, 2019, Steve Monroe, SeniorCare Investor - HCP, Inc. caused a stir this month with a couple of large acquisitions totaling $558 million. The industry hasn’t seen that kind of large-scale activity in some time, as many of the REITs seemed to be biding their time, at…
OnPointe CEO: Skilled Nursing Providers That ‘Run To Risk’ Will Win
May 5, 2019, Alex Spanko, Skilled Nursing News - As both government and private payers increasingly move toward value-based reimbursements, skilled nursing providers in particular have struggled to keep up — and shift decades-old operational patterns to suit the new reality. For OnPointe…
BSR REIT Sells Four Multifamily Communities For $31.7 Million
May 2, 2019, MultiFamilyBiz.com - BSR Real Estate Investment Trust announced that it has sold four noncore assets as part of the REIT's portfolio enhancement and capital recycling strategy. The total consideration of $31.7 million exceeded the initial public offering appraised values by…
Class Act For Washington State?
May 1, 2019, Steve Monroe, SeniorCare Investor - Washington has passed its version of a long-term care insurance bill, sort of, using a payroll tax to fund it. Unlike the misconceived Class Act that was originally part of the Affordable Care Act, which was designed to rob Peter…
Multifamily Community In Chicago's Newest Transit Oriented Location Achieves LEED Certification
May 1, 2019, MultiFamilyBiz.com - Hunt Companies and Savoy Development announced that its multifamily development at Logan Square in Chicago, Noca Blu, has achieved LEED Silver certification from the U.S. Green Building Council. Noca Blu, one of the first new multifamily properties in the…
Watercrest Senior Living Group And United Properties Celebrate The Groundbreaking Of Senior Community
April 30, 2019, MultiFamilyBiz.com - Watercrest Senior Living Group and United Properties gathered with construction, development, design and community partners to celebrate the ceremonial groundbreaking of Watercrest Sarasota Senior Living Community in Sarasota, Florida. The 198-unit, luxury…