Transactions & Financings: ‘Big 3’ REITs in Fed’s Bond Buying Program; Ziegler’s $278M Deal Volume

Federal Reserve’s bond-buying program includes Welltower, Ventas, Healthpeak Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Healthpeak Properties (NYSE: PEAK) are among the real estate investment trusts receiving funding as part of the Federal Reserve Bank of New York’s Secondary Market Corporate Credit Facility (SMCCF), The Real Deal reported. The program, established as part of the […]

Sabra, TPG Sell 8-Property Enlivant Portfolio in Pacific Northwest

A joint venture of Sabra Health Care REIT (Nasdaq: SBRA) and private equity firm TPG completed a sale of eight senior housing communities totaling 321 units in Oregon and Washington state to an Arizona-based private investor making its first senior housing acquisition. These communities were operated by Enlivant and were underperforming, Sabra CEO Rick Matros […]

Senior Living Providers Create ‘Next Normal’ With Dining, Disinfection Changes

As the U.S. gradually reopens after nearly four months of lockdowns in response to the coronavirus pandemic, senior living communities can take cues from how various businesses operate in the new normal. Plans for restaurants operating at reduced capacities or with only socially distanced, outdoor dining can be adopted by providers looking to re-open dining […]

USA Today Raises Concerns About Covid-19 Fees for Assisted Living Residents

A USA Today article on long term care facilities charging higher service fees during the coronavirus pandemic shines another spotlight on the rising expenses incurred by providers — and raises questions about whether assisted living operators are unfairly passing on costs to residents. The article focuses largely on a resident at Legend of Mansfield, a […]