by Steve Monroe | Nov 16, 2017 9:10 pm | Developments
Construction has completed at a brand new skilled nursing facility in Rapid City, South Dakota, the state’s first new facility since the 1980s. Citing the fact that many patients have had to travel to the eastern part of the state for skilled nursing beds, the... Read More »
by Steve Monroe | Nov 15, 2017 7:02 am | 60 Seconds, Opinion
AARP, not usually a friend of the skilled nursing sector, thinks that nurses on duty 24/7 will solve the quality of care problems. In case you are not a member of AARP, like I am, the cover story in their November Bulletin was called, “How Safe Are Our Nursing Homes?”... Read More »
by Steve Monroe | Nov 15, 2017 7:01 am | Opinion
While the financial deterioration of HCR ManorCare continues, at least there was some good news in the past few weeks that may result in an agreement between it and its landlord, Quality Care Properties. Apparently, the DOJ has filed a notice to dismiss its case... Read More »
by Steve Monroe | Nov 15, 2017 7:00 am | Acquisitions
Steve Thomes of Blueprint Healthcare Real Estate Advisors represented a publicly traded REIT and its operating partner in its disposition of an 81-bed skilled nursing facility in Webster, Massachusetts (located about 10 miles south of Worcester on the Connecticut... Read More »
by Steve Monroe | Nov 14, 2017 8:32 pm | Developments, Financings
A new independent living community is going up on the Princeton University Healthcare campus, with the help of construction financing arranged by Grant Saunders, Peter Trazzera and Jake Hollinger of KeyBank Real Estate Capital’s Healthcare Group. Featuring 260 total... Read More »