by Steve Monroe | Nov 21, 2023 4:41 pm | 60 Seconds, Opinion
Rarely does the entire clinical staff at a nursing home walk out in protest of working conditions, but that was the case a few months ago in New Mexico. I was made aware of it when I received a call from an 82-year old woman in New Mexico who volunteers to help the... Read More »
by Steve Monroe | Nov 14, 2023 10:28 pm | 60 Seconds, Developments
One of the consequences of the pandemic, one of many, is that the differentiation between the best operators and the not so good has been increasingly exposed. And of course, investors will seek out the best to manage their properties. But as this happens, the... Read More »
by Steve Monroe | Nov 14, 2023 10:26 pm | Developments
In a recent survey conducted by Cushman & Wakefield, 68% of respondents anticipate a sustained increase in capitalization rates over the next year, expressing concern over debt market liquidity, which is the primary worry for 51% of participants. The majority of... Read More »
by Steve Monroe | Nov 14, 2023 10:23 pm | Developments
As Col. Hannibal Smith of the A-Team was fond of saying, “I love it when a plan comes together.” For Sonida Senior Living, it has been a long struggle, and while it may be taking longer than management wanted, the plan is slowly coming together. Everything is moving... Read More »
by Steve Monroe | Nov 14, 2023 10:21 pm | Acquisitions
Blueprint facilitated the sale of a skilled nursing facility in the Boston, Massachusetts area. The facility was constructed in 1960 and was well maintained. It comprises 53 beds across over 18,000 square feet. Kyle Hallion and Michael Segal of Blueprint handled... Read More »