LTC Focused on Troubled Tenants, Positioning for Acquisitions

After a year marked by troubled operators and a senior housing acquisition drought, LTC Properties (NYSE: LTC) enters 2019 not quite out of the woods. “It was one step forward, two steps back on the tenant front for LTC in 4Q18,” analysts with financial services company Mitsubishi UFG Financial Group (MUFG) wrote, commenting on the […]

Operator English Meadows Pursues Expansion Plans, Strikes Sale-Leaseback with LTC

English Meadows Senior Living is in growth mode and has gotten off to a quick start striking deals in 2019. Last week, the Christianburg, Virginia-based owner-operator acquired Mountainside Senior Living Communities, an affordable assisted living and memory care community in Crozet, Virginia. On Monday, Westlake Village, California-based health care real estate investment trust (REIT) LTC […]

LTC Properties Tenant Senior Care Centers Files for Chapter 11

A senior housing and long-term care operator that has managed properties for two sizable real estate investment trusts (REITs) is filing for bankruptcy. Senior Care Centers is filing for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas, the company announced Tuesday. The move will allow the Dallas-based company to tackle […]

Senior Housing Investment Headwinds to Blow Stronger In 2019

Senior housing is no longer an under-the-radar investment opportunity and is now considered an institutional-grade asset class for real estate investors. But the pool of investors grows, however, as some noticeable headwinds are starting to form. Those future headwinds and other obstacles were on the minds of the panelists on Senior Housing News’ Finance & […]

Upcoming Webinar: Senior Housing Finance & Investment Outlook for 2019

 Date: November 28 Time: 1-2pm CST Register Now Over the last year, senior living owners and investors have seen turmoil when it comes to the headlines driving the senior living business, with talk of over-supply and occupancy challenges. Stories about large transactions, new development, repositioning and a healthy debate about health care versus hospitality have […]

Slammed by Two Hurricanes, Affinity Living Faces Long Road to Recovery

Hurricanes Florence and Michael have exacted a steep toll on senior living providers throughout the Southeastern United States, including Affinity Living Group. Affinity is the largest provider in the region and one of the largest in the nation, operating more than 140 communities across six states. With about 90 of those facilities in the Carolinas, […]