Articles By

Alex Spanko

Alex covers the skilled nursing industry for Aging Media Network, with a particular focus on the intersection of finance and policy. Outside of work, he reads nonfiction, experiments in the kitchen, enjoys pretty much any type of whiskey or scotch, and yells at Mets games from his couch — often all at once.

Management & Operations

Sabra’s CEO Fights Back Against CCP Merger Doubters

By Alex Spanko |

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) CEO Rick Matros used the company’s quarterly earnings call Thursday to strike back at activist investors looking to foil the impending merger with Care Capital Properties (NYSE: CCP). Matros, amid the disclosure of second-quarter revenues that beat projections, called the hedge funds that will vote against the deal […]

Featured

How Senior Housing Operators Can Let Employees Do the Hiring

By Alex Spanko |

Attracting and retaining talented employees remains a top priority for senior housing operators, but the wide availability of job-search platforms online can tend to feel daunting. Instead of shouting into the void, some operators could find success attracting new employees by using the employees they already have, according to a panel of experts at the recent […]

Acquisitions

Senior Housing M&A Dollars Spent Surges by 600% in Q2

By Alex Spanko |

Last quarter was a noteworthy one for senior housing acquisitions—especially in terms of dollar volume. About $9.7 billion worth of seniors housing and care acquisitions were publicly announced during the second quarter of 2017. That’s an almost 600% increase over the $1.4 billion worth of acquisitions publicly announced during the first quarter of this year, as well as the highest dollar volume recorded since […]

Acquisitions

QCP Reportedly Close to ManorCare Takeover

By Alex Spanko |

After a busy week of headlines and speculation, Quality Care Properties, Inc. (NYSE: QCP) is reportedly inching closer to a complete equity takeover of HCR ManorCare, its troubled skilled nursing tenant, according to a Sunday report from the New York Post. Less than a year ago, QCP spun off from Irvine, California-based real estate investment […]

Operators

ManorCare CEO Rumored to Demand $100 Million Payout

By Alex Spanko |

Skilled nursing provider HCR ManorCare and its primary landlord, real estate investment trust Quality Care Properties (NYSE: QCP), faced a one-two punch of bad news Monday, with the provider failing to make rent and rumors swirling about its CEO’s demands for a generous compensation package. QCP announced in an 8-K filing that HCR ManorCare came […]