Blueprint Healthcare Real Estate Advisors Arranges Sale of Six Neb. SNFs Chicago-based Blueprint Healthcare Real Estate Advisors recently announced it has arranged the sale of six skilled nursing facilities (SNFs) located in Nebraska for $15 million. While the details regarding buyer and seller were not disclosed, Blueprint indicated that the buyer was a partnership between […]
Last month’s record-setting disposition price for a portfolio of skilled nursing facilities (SNFs) may be a bellwether, signaling that more senior living players may soon be paying premium prices for post-acute assets, a recent analysis suggests. Sabra Health Care REIT, Inc. (Nasdaq: SBRA) in late June agreed to acquire four SNFs in Maryland for $234 […]
The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior housing providers in the coming years, but they may be able to avoid this “caregiver cliff” by recruiting […]
Salaries for employees at continuing care retirement communities (CCRCs) have been climbing steadily year after year, providing yet another token of the sector’s ongoing financial recovery, suggests recent salary and wage data. CCRC salaries for management positions have been rising over the years, now getting near the 3% increase mark in 2015, according to the Hospital […]
Multinational tech giant Philips is at the center of a new research hub that aims to develop services and solutions focused senior care technology. And the company has enlisted a slew of collaborators, including in senior living, to further this initiative. Announced during the White House Conference on Aging on Monday, the AgingWell Hub (AWH) […]
(Heartis Assisted Living and Memory Care — Photo courtesy of McShane Construction Company) Construction: Planned Integral Senior Living Begins Development on Santaluz, Calif. Community Carlsbad, Calif.-based Integral Senior Living this week announced it has broken ground on the development of its newest community, Santaluz Senior Living in Santaluz, Calif. Slated to debut December 2016, the new […]
Hawaii and Montana might not have much in common, except for being the two top states for seniors’ well-being, according to inaugural rankings from Gallup-Healthways. The report, released this week in conjunction with the Massachusetts Institute of Technology (MIT) AgeLab, finds that Hawaii is the state where older Americans have the highest well-being, while West Virginia […]
Canada’s senior housing sector continues to attract big money from both national and U.S. investors looking to capitalize on the market’s robust opportunities for acquisition and development. For some players, including one Montreal-based senior housing owner-operator-developer, the opportunity is to the tune of more than $1 billion. The reach is so big, that this provider […]
(The Residence at Brookside — Photo Courtesy of Congress Building Corp.) Construction: Planned New Silverado Community Granted Approval in Wash. Irvine, Calif.-based operator Silverado this week announced that it has received unanimous approval from the Cordata Design Review Board to build an 80-unit memory care community in Bellingham, Wash. Set to break ground as early […]
In more ways than one, health care reforms have fostered greater collaboration among senior living providers and home health care agencies. As these providers find common ground in serving a similar clientele, some companies are leveraging technology platforms to grow their referrals. Senior living and home care providers have long worked together to better serve […]
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