CCRCs’ Capital Spending Hits Post-Recession High

Recently, owners of continuing care retirement communities (CCRCs) have been spending more money than usual to expand and keep their existing communities looking fresh. In fact, capital spending for CCRCs in the United States has reached its highest level since the Great Recession, according to a new report from Fitch Ratings. Median capital spending for CCRCs […]

Under Pressure, REITs Back Off Skilled Nursing

Payment reforms have made their sting across the health care industry, with the skilled nursing market taking a hit. And some of the senior housing industry’s biggest real estate owners of skilled nursing properties have started reducing their portfolio exposure in the asset class as a result. Despite the shift in the attractiveness of skilled […]

Why the REIT Sector Could Get a $100 Billion Boost

Real estate investment trusts (REITs) have gained so much momentum as a major force in real estate, they are being put in their own sector in an important investment classification tool and could be in for a capital boost from all the attention. Following market close on August 31, equity REITs were reclassified as their […]

Nurse Wage Pressures to Tighten Senior Living Margins

The senior living industry is currently facing its fair share of wage-related hurdles, from minimum wage hikes to overtime regulations. Soon, senior living margins may be further tightened by nursing industry wage pressures. Specifically, a rise in registered nurse salaries could soon pressure the operations costs of some senior living companies and nonprofit hospitals, according to Fitch […]

Senior Housing Finance Activity: Ziegler, Kindred

Ziegler Closes $34.49 Million Bond Issue on Behalf of UMRH Chicago-based speciality investment bank Ziegler announced the successful closing of the $34,485,000, tax-exempt, fixed-rate Series 2016A Bond issue on behalf of The United Methodist Retirement Homes (UMRH). UMRH, a Life Care Services partner since 2000, is a multi-site operator of three continuing care retirement communities […]

Editor’s Picks: Another Brookdale Exec Stepping Down

Spring is in full swing, with another new senior living company blooming onto the scene. This week, the news that Adam Kaplan, a former Senior Lifestyle Corp. executive, is launching Solera Senior Living captured our readers’ attention. We also kept our readers in the know about another executive shakeup at Brookdale, why REITs may be […]

Fitch: REITs to Steer Clear of Skilled Nursing for ‘Forseeable Future’

Facing lower margins for the foreseeable future, real estate investment trusts (REITs) are doing their best to put underperforming skilled nursing assets behind them, according to a special report from Fitch Ratings. The news comes just after HCP, Inc. (NYSE: HCP), one of the “big three” health care REITs, announced it is spinning off its struggling […]

REIT Share Prices Rise But Outlook Remains Mixed

As the stock market rallied around the news that the Federal Reserve would refrain from raising its benchmark interest rate in March, the senior housing industry saw some immediate short-term gains but remained in the midst of a shifting environment. The Central Bank’s Federal Open Market Committee (FOMC) announced it would not raise interest rates […]

Editor’s Picks: DOJ’s Elder Justice Task Forces

This week, Senior Housing News readers were interested to hear about Enlivant’s growth plans from the company’s CEO, Jack Callison. Readers were also keen to learn how REITs will be impacted by the current headwinds in the skilled nursing sector, and why the senior housing industry is poised for “unprecedented” growth. SHN’s “In the Pipeline” […]