IntegraCare’s Glen Mills built on location of historic former nightclub … Nursing home purchases former hospital in Baton Rouge, LA … Resort Lifestyle Communities opens all-inclusive retirement community...
Dwight Capital, Dwight Mortgage Trust close $390M in long-term care financing in second quarter
By
Kathleen Steele Gaivin
Jul 12, 2024
Miami-based Dwight Capital and its affiliate real estate investment trust, Dwight Mortgage Trust, financed $390.4 million in long-term care transactions during the second quarter of the year, the companies...
Business briefs, June 26
By
Kathleen Steele Gaivin
Jun 26, 2024
Addition of senior housing to data collection warehouse adds transparency, capital to sector … National s tenants bill of rights introduced … Margaritaville retirement community turns 6 … Fitch...
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...
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.
Skipping tech over price tag an ‘opportunity lost’ for hesitant nursing homes
By
Kimberly Marselas
Jun 26, 2024
While it remains difficult to quantify how investments in technology are paying off, some skilled nursing providers say they are buying into more options because today’s margins don’t afford them missed...