Real estate investment trust Omega Healthcare Investors (NYSE: OHI) on Monday reported a net loss of $137.5 million in the third quarter of 2017. The Hunt Valley, Maryland-based company now is transitioning troubled Orianna Health System skilled nursing facilities to a new operator. Find the full story at Skilled Nursing News.
When it broke ground on a luxury highrise in Manhattan earlier this summer, Maplewood Senior Living also announced that the building would launch its new Inspīr brand. Maplewood now is detailing ambitious plans to create other Inspīr communities by pursuing a multi-billion dollar pipeline of developments both in U.S. and international urban markets. “There’s been […]
Already embattled, publicly traded skilled nursing providers and real estate investment trusts (REITs) had an especially tough day on Friday. Shares were down across the sector on the heels of the Centers for Medicare & Medicaid Services (CMS) revealing details of a possible overhaul to the payment system for skilled nursing facilities (SNFs). The current […]
The decision by Kindred Healthcare (NYSE: KND) to get out of the skilled nursing facility sector might seem like a drastic move to free the company from a major drag on its financial performance. But that’s not the story that executives at Kindred and Ventas Inc. (NYSE: VTR), one of Kindred’s major landlords, were telling […]
When Omega Healthcare Investors (NYSE: OHI) announced that it would be acquiring Aviv REIT (NYSE: AVIV) in 2014, CEO Taylor Pickett described the combined company as the “premier pure-play skilled nursing REIT.” Today, skilled nursing still accounts for the vast majority of the REIT’s roughly 900 properties, but “pure play” may become a stretch as the […]