One provider of small house assisted living is catching the interest of HUD, having recently consolidated eight loans under one new loan insured by the FHA Sec. 232/223(f) program. The $5.7 million loan, arranged by Lancaster Pollard, consolidated Bethesda, Md.-based Eden Homes Group’s eight loans. Eden Homes Group operates six high-end assisted living and memory […]
The Pioneer Accountable Care Organization (ACO) Model generated over $384 million in savings to Medicare over its first two years, giving cause to expansion of the patient care model to a larger population of Medicare beneficiaries. The savings to Medicare, an average of approximately $300 per participating beneficiary per year, were released by the Department of Health […]
Trending topics among nonprofit Chief Financial Officers (CFOs) and senior housing finance professionals this year are refinancing and consolidation opportunities in the sector, with many eyeing new ways to spur growth opportunities. The nonprofit continuing care retirement community (CCRC) business has been plagued by the housing recession and lack of ability to remain competitive with […]
Ziegler Closes $34.5M Financing for Conn. CCRC Ziegler, a specialty investment bank, closed a $34,510,000 tax-exempt, fixed-rate Series 2015A Church Home of Hartford’s Series 2015A Bonds. Church Home of Hartford d/b/a Seabury (the Obligor), a new client to Ziegler, is a Connecticut not-for-profit corporation formed in 1876. In 1992, the Obligor established Seabury, an interfaith, active Type-A continuing […]
In case you missed them … here are the top headlines grabbing Senior Housing News readers’ attention this week: Senior Lifestyle Corp. Launches New Brand With $650 Million Pipeline — Senior Lifestyle Corp. recently launched a new product, The Sheridan, a 19- to 26-property pipeline that could top $650 million. Rolling out over the next few years, the […]
Senior living providers are making crucial missteps that are preventing them from maximizing the value of prospective resident tours, new research reveals. In a Caring.com survey on senior living community tours, a notable minority of respondents said they had not been contacted prior to a scheduled tour to confirm it (12%). However, 18% reported no […]
The most popular names of residents in senior living provide a glimpse into the history of trending baby names throughout the decades, according to a new analysis of popular names over time by the nation’s largest senior living referral source, A Place for Mom (APFM). APFM, which works with more than 100,000 new families each month, reviewed their move-in data […]
Publicly-traded health care real estate investment trusts (REITs) continue to dominate the senior living market in regard to total investments in the space. With their ongoing presence and success, those REITs are shifting the way investors view senior housing and care, leaving the door open for more public REIT investment in the space. American Realty […]
The latest move by Ventas, Inc. (NYSE: VTR) to spin off its skilled nursing assets into a separate real estate investment trust (REIT) may have come as a surprise for a company that has continually touted the diversification of its portfolio. But the move may actually position the REIT as having a strategic advantage against […]
Overall seniors housing occupancy declined in the first quarter of this year, but standing out from the stat is independent living, which boasted stable occupancy relative to the prior quarter, according to first quarter data released Thursday by the National Investment Center for Seniors Housing & Care (NIC). The average occupancy rate for seniors housing properties […]
Subscribe
Receive industry updates and breaking news from SHN