by Steve Monroe | Jan 17, 2018 7:02 am | 60 Seconds, Opinion
Fourth quarter NIC MAP data for seniors housing occupancy had little good news before the flu season may decimate again. We are going to have to wait until mid-February or so to start hearing how individual seniors housing companies fared with occupancy in the fourth... Read More »
by Steve Monroe | Jan 17, 2018 7:01 am | Opinion
In major news for the skilled nursing industry, the $347.86 million judgment against affiliates of Consulate Healthcare was vacated in its entirety by the United States District Court, Middle District of Florida earlier this week. This was basically a Medicare “fraud”... Read More »
by Steve Monroe | Jan 17, 2018 7:00 am | Acquisitions
The time had finally come for the Village of Dolton (a suburb south of Chicago) to sell its 126-bed supportive living facility, as the town handed over the keys to an experienced private owner. Built in 1970, the five-story facility had undergone an extensive... Read More »
by Steve Monroe | Jan 16, 2018 4:13 pm | Acquisitions
Starting 2018 off strong, Brian Clark of Heavenrich & Company sold two small memory care communities in Loveland, Colorado. This wasn’t the first deal Heavenrich & Company has handled on behalf of the family-run seller, having previously sold their communities... Read More »
by Steve Monroe | Jan 16, 2018 4:10 pm | Financings
Ever prolific, Ziegler closed over $115 million in bond financings on behalf of two CCRC clients. The larger of the closings totaled $75 million and was arranged for a 483-unit CCRC in Seattle, Washington. Founded in 1961, the community is affiliated with the Pacific... Read More »