This Population Doesn’t Understand: Rising to Covid-19 Challenges in Memory Care

The coronavirus pandemic poses new challenges by the day to long-term care providers across the continuum. But the challenges are even more pronounced for memory care operators. Those challenges include limiting the ability of memory care residents to walk about freely and congregate with each other, and ensuring their daily routines are as unaffected by […]

Chancellor CEO: Industry Should Be Embarrassed By Some Common Memory Care Practices

Senior living operator Chancellor Health Care is finding success as a growing operator in National Health Investors’ (NYSE: NHI) senior housing portfolio — in part by shaking up tired memory care practices the overall industry “should be embarrassed about.” The Windsor, California-based company is particularly unique in that it’s changing the traditional senior living model […]

NHI Expects Payoffs from ‘Fast and Furious’ Acquisitions, Transitions

National Health Investors (NYSE: NHI) expects its recent spate of acquisitions, and transitioning of struggling properties, to pay off with sustained revenue growth starting in 2020. The Murfreesboro, Tennessee-based health care real estate trust completed or announced $295 million in acquisitions in 2019, and is working on its transition portfolio of nine properties to improve […]

NHI, Discovery Entering $128M, 6-Property Joint Venture

National Health Investors (NYSE: NHI) is strengthening its relationship with Discovery Senior Living. The Murfreesboro, Tennessee-based health care real estate investment trust announced a $128.4 million joint venture with the Bonita Springs, Florida-based provider to acquire six properties in Indiana, Maryland and Pennsylvania. NHI is also committed to a $6 million senior mortgage for an […]

NHI CEO: Senior Housing Owners May Back Off on Rent Increases for Operators

After a week in which senior living providers intensified fears of oversupply, real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) is not concerned. With increasing pressures on operators, though, NHI indicated it wouldn’t be surprised to see lower rent escalators across the industry. Despite the nation’s largest senior living provider, Brookdale Senior Living […]

Senior Housing Investments & Transactions: Ventas Completes $1.5 Billion Portfolio

Ventas Completes Acquisition of $1.5 Billion Life Sciences Portfolio Health care real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) completed its previously announced acquisition of a $1.5 billion portfolio of Wexford Science & Technology, LLC life sciences buildings. Ventas acquired the properties from affiliates of Blackstone Real Estate Partners VIII L.P., completed Sept. 1. […]

Senior Housing Investments & Acquisitions: Aviv REIT, Carlyle Group, NHI

Aviv REIT Acquires Five SNFs for $42 Million Aviv REIT, Inc. (NYSE: AVIV) announced this week that it has acquired five post-acute and long-term care skilled nursing facilities (SNFs) located in Ohio and Arkansas in two separate transactions for $42.2 million. Four of the properties are triple-net leased to new Aviv operator Peregrine Health Services […]

In the Pipeline: Senior Housing Construction Projects (2/27/2013)

Construction: Planned North Carolina CCRC Plans Expansion, Renovation Project Plantation Village, a Continuing Care Retirement Community (CCRC) in Wilmington, N.C. is expanding to meet growing demands for active senior living. The 68,825-square-foot expansion includes a 27-unit apartment building, new dining venues, a 350-seat auditorium and a new wellness center with a 20-meter lap and therapy […]

NHI Acquires Calif. Senior Living Community for $12 Million

National Health Investors, Inc. (NYSE:NHI) recently announced the $12 million acquisition of a 181-unit senior living campus in Loma Linda, Calif. The community has 98 independent living units and 83 skilled nursing beds. The transaction was funded from available cash and from borrowings on NHI’s revolving credit facility. Chancellor Health Care, LLC, will lease and […]