Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Increase in vaccinations likely behind acceleration in senior living move-ins: NIC
By
Amy Novotney
Jan 29, 2021
The pace of move-ins over the past 30 days has ticked up within independent living, assisted living and memory care units, according to data collected from the most recent Executive Survey conducted by...
Decline in nursing home residents spurs long-planned strategic moves for one long-term care operator
By
Amy Novotney
Apr 20, 2021
The COVID-19 pandemic has offered a bit of a silver lining for one Connecticut long-term care operator: the impetus for making long-planned strategic changes in skilled nursing and an expansion in its...
SBA clarifies how to handle outstanding PPP loans amidst mergers and acquisitions
By
Amy Novotney
Oct 09, 2020
As merger and acquisition activity continues to pick up within senior housing after a significant drop-off during the COVID-19 pandemic’s earliest days, some buyers and sellers have been struggling with...
LTC Properties’ FFO, revenue down due to $5.5M Genesis write-off, decreased and deferred rent from...
By
Amy Novotney
Nov 02, 2020
Similar to real estate investment trusts Omega and Welltower, Westlake Village, CA-based LTC Properties announced a third quarter write-off in straight-line rent receivable balances as a result of going...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...