Capital Funding Group closes $42M HUD in financing for SNFs in 2 states
By
Kathleen Steele Gaivin
Jun 25, 2024
Capital Funding Group announced Monday that it had closed on a HUD financing package totaling $42 million, on behalf of an unnamed “nationally recognized” borrower, for the purchase of three skilled...
IDB Bank arranges $201.5 million in financing for 21-SNF portfolio
By
Kathleen Steele Gaivin
Jun 24, 2024
New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Caroliona and Texas.
Business briefs, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
State nursing home, assisted living survey official resigns after lawsuit … Legislators call for veterans home in Oregon … Change Healthcare tells providers about data stolen in cyberattack … Looking...
Assisted living’s ‘fragile’ workforce is under ‘threat’ from SNF staffing rule: NCAL leaders
By
Kimberly Marselas
Jun 04, 2024
Assisted living providers must brace for the impact of increased regulation, experts at the AHCA/NCAL Congressional Briefing warned Monday.
Business briefs, May 30
By
Kathleen Steele Gaivin
May 30, 2024
Alabama, Iowa, Mississippi, West Virginia and Wyoming found to have the most affordable retirement communities … ‘Daunting’ concerns about nursing home cost escalation dominate 2025 pay rule comments...
Business briefs, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Sector vows ‘confidence’ in staffing rule lawsuit success; consumer advocates press forward with complaints … Judge rejects plea deal for former Skyline nursing home owner Schwartz … Black Americans...
Actions & Transactions, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Shell Point Retirement Community to borrow $260M for expansion, including hurricane-grade shelter … Bethesda breaks ground on active adult community in Wilmar, MN … Blueprint advises Birchwood Healthcare...
Business briefs, May 22
By
Kathleen Steele Gaivin
May 22, 2024
Staffing rule financial penalties could be ‘existential’ crisis for nursing homes … Aging services coalition urges passage of assisted living legislation for veterans … Attorney general sues over...
Actions & Transactions, May 22
By
Kathleen Steele Gaivin
May 22, 2024
Grace Management celebrates opening of active adult community in Conroe, TX … iCare Health Network purchases 8-SNF portfolio in Connecticut for $60M … Construction to begin on Kaukauna, WI, senior...
Business briefs, May 21
By
Kathleen Steele Gaivin
May 21, 2024
New bill would extend telehealth services for seniors … Long-term care leaders return to basics, employ innovation to grow direct care staff … Nursing home residents sue state over conditions, lack...