HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Picture looks bright for Sabra’s SNF portfolio; rental assistance may be needed for senior housing...
By
Amy Novotney
Feb 24, 2021
The ongoing rollout of the COVID-19 vaccine within skilled nursing facilities and senior living communities has many investors focused on a recovery scenario for Sabra Health Care REIT. Concerns still...
Small businesses in dire straits, CEOs warn Congress
By
Amy Novotney
Aug 04, 2020
Nearly 100 current and former CEOs of companies both large and small sent a letter to congressional leaders Monday pressing them for additional, longer-term support for small businesses.
Invesque considering restructuring options with two senior living and care tenants
By
Amy Novotney
Aug 14, 2020
Invesque reported solid second quarter financial results Wednesday. The real estate investment trust cited cost-cutting measures announced in the first quarter to strengthen liquidity and preserve cash....
Looking for provider relief funds? These tips can help
By
Amy Novotney
Jun 25, 2020
Earlier this month, the Department of Health and Human Services announced that it would distribute approximately $15 billion in grants to eligible state Medicaid and Children’s Health Insurance Program...
Healthcare REITs see slight uptick in May rent payments: Nareit
By
Amy Novotney
May 20, 2020
Rent payments collected by healthcare real estate investment trusts in May increased slightly from April, according to data collected by the National Association of Real Estate Investment Trusts, or Nareit.
‘Pocket neighborhood’ seeks to address region’s lack of affordable housing for seniors
By
Amy Novotney
Sep 25, 2020
Older adult residents of North Texas soon will have a novel new housing option in a “pocket neighborhood” being developed near Fort Worth.
HUD concessions will help ease financial pressures, expert advises
By
Amy Novotney
Apr 28, 2020
The Department of Housing and Urban Development has developed a series of support vehicles as part of its COVID-19 assistance program, designed to help its seniors housing and healthcare borrowers address...
Here’s the COVID-19 information borrowers should be sharing with lenders: Ziegler
By
Amy Novotney
Jul 17, 2020
Most borrowers know that amidst the onset of COVID-19, ongoing disclosure to lenders with regards to how the pandemic is impacting the organization is crucial. But how often should operators be providing...
COVID-19 liability shields may lead to neglect, critics argue
By
Amy Novotney
Jan 28, 2021
North Carolina is just one of dozens of states that has granted legal immunity to skilled nursing facilities and assisted living communities to shield them from COVID-19-related lawsuits. In addition,...