CNL Lifestyle Properties to Buy Four Georgia ALFs for $80 Million

CNL Lifestyle Properties, Inc., based in Orlando, Fla., plans to add four assisted living communities to its portfolio for $80 million, excluding closing costs. The REIT will acquire the Georgia properties in May from Solomon Holdings II Dogwood Four LLC. The deal is still subject to due diligence and includes Dogwood Forest communities in Alpharetta, […]

State Watch: Long-Term Care News from Around the Nation

As assisted living regulations evolve and tighten, Medicare and Medicaid reimbursements fluctuate, and healthcare reform begins to take effect, many states are facing their own challenges as they continue to develop, operate, and implement new rules and programs. Here is a collection of long-term care related stories from across the nation. From LeadingAge: California Bill […]

ALFA Gives Willis Exclusive Endorsement for Risk Management Insurance Program

Willis Group Holdings (NYSE:WSH), a global insurance broker, recently announced that it’s gotten an exclusive endorsement from the Assisted Living Federation of America (ALFA) to provide insurance and risk management services to ALFA’s members. A Willis Group subsidiary, Willis of Illinois, Inc., will be the exclusive endorsed risk management insurance broker and human capital consulting […]

NCAL Report: Which States Have Evolving Assisted Living Regulations and Policies?

Sixteen states made changes to assisted living regulations, statutes, and policies in 2011, according to the National Center for Assisted Living’s 2012 edition of “Assisted Living State Regulatory Review,” and several more have changes in the works. Four of those states (Georgia, Nevada, North Carolina, and South Dakota) made “major” changes, according to Karl Polzer, […]

State Budget Cuts Means Less Oversight for Texas Assisted Living

State budget cuts mean that assisted living facilities in Texas won’t be receiving as much oversight, reports the Houston Chronicle. Long-term care advocates are worried about the cuts, which will lead to less frequent inspections, and so are industry representatives. According to them, annual state inspections help catch problems so they can be fixed sooner. […]

Nursing Home Trade Group Unveils Quality Initiative to Reduce Hospital Readmissions

The American Health Care Association and the National Center for Assisted Living (AHCA/NCAL) unveiled on Wednesday a multi-year initiative to meet new quality goals, which include reducing rehospitalization rates and improving staff retention. The Quality Initiative has four goals designed to improve care in skilled nursing and assisted living facilities. “We’re looking at the future […]

ARA Brokers Sale of $24 Million Florida Assisted Living Community

ARA National Seniors Housing Group, based in Atlanta, Ga., brokered the sale of The Blake at Gulf Breeze, an assisted living and memory care community located in Gulf Breeze, Fla. AEW Capital Management, a global real estate investment manager, acquired the 107-unit property for $24 million on behalf of AEW Senior Housing Investors, L.P. The […]

Without Grants or Waivers, Can Affordable Assisted Living Exist?

This is a follow-up to Part 2 of a multi-part series exploring the question, “Will the Nation Go Broke Paying for Senior Housing & Long-Term Care?” Check out parts one and three. While some states are making use of Medicaid waivers to create “affordable” assisted living models, there’s industry consensus that the concept of affordability […]