More than 50% of the respondents to the 12th edition of CBRE’s “Seniors Housing & Care Investor Survey” expect capitalization rates to increase this year. That’s up from 27% in last year’s...
Strawberry Fields REIT plans $102 million purchase of 18 SNFs, 5 ALs
By
Kathleen Steele Gaivin
Jun 16, 2023
Senior living and care real estate investment trust Strawberry Fields REIT, based in South Bend, IN, plans to expand its portfolio with a $102 million purchase of 18 skilled nursing facilities and five...
Invesque completes sale of 7 Illinois SNFs in ‘pivotal moment’ in company’s history
By
Kathleen Steele Gaivin
Jun 06, 2023
Invesque on Monday announced the sale of seven skilled nursing facilities in Illinois for $101.3 million. The sale closed on June 1.
New Eskaton report blames SNFs for $28 million net loss in 2022
By
Kathleen Steele Gaivin
Jun 01, 2023
Eskaton ended 2022 with a $28 million net loss, and its skilled nursing properties largely are responsible, according to an independently audited financial report dated May 16.
Eskaton sells SNFs to Cypress for $35.6 million to focus on senior living, home care
By
Lois A. Bowers
Apr 10, 2023
Carmichael, CA-based provider Eskaton is selling its three stand-alone skilled nursing facilities for $35.6 million as part of a plan to “expand and enhance” the company’s offerings in independent...
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.
55 percent of surveyed SNFs operating in the red, limiting admissions: AHCA
By
Kathleen Steele Gaivin
Jan 11, 2023
Fifty-five percent of skilled nursing providers responding to a recent survey by the American Health Care Association say that they are operating in the red, and 48% of respondents said that they would...
Apply for a job at your own organization ‘to evaluate processes, barriers and opportunities,’ committee...
By
Kathleen Steele Gaivin
Nov 23, 2022
The American Hospital Association’s American Organization for Nursing Leadership affiliate this week released the first section in a three-part compendium that will focus on best practices to manage...
Updated: Sabra Health Care REIT to move 24 North American Health Care properties to Ensign, Avamere
By
Lois A. Bowers
Nov 07, 2022
Irvine, CA-based real estate investment trust Sabra Health Care REIT will transition a 24-property skilled nursing portfolio leased to North American Health Care to two of Sabra’s existing tenants, The...
LTC Properties, PruittHealth joint venture buys 3 Florida SNFs for $62 million
By
Kathleen Steele Gaivin
Sep 13, 2022
LTC Properties announced Monday a $62 million joint venture with Norcrorss, GA-based PruittHealth to buy three skilled nursing facilities in northern Florida. PruittHealth is a new partner for the Westlake...