by Steve Monroe | Jun 5, 2023 9:10 am | Opinion
It has been nearly two months since Diversified Healthcare Trust announced its merger with Office Properties Income Trust, two REITs basically controlled by external manager RMR Group. This was about the most self-serving transaction we have seen in a long time. But... Read More »
by Steve Monroe | May 31, 2023 9:32 am | 60 Seconds, Opinion
We all know that the Life Care Centers of America nursing home in Kirkland, Washington was the location of the first major SNF outbreak of COVID at the beginning of the pandemic. Well, the families of two residents who died sued the facility, the management company... Read More »
by Steve Monroe | May 19, 2023 8:35 am | Acquisitions
Talk about a surprise move. Three key executives at Cushman & Wakefield just jumped ship and landed at JLL Capital Markets. The trio includes Senior Managing Directors Jay Wagner and Rick Swartz, who will co-lead the team at JLL, and Senior Managing Director Aaron... Read More »
by Steve Monroe | May 15, 2023 9:45 am | Opinion
When National Health Investors announced its first quarter earnings results last week, investors liked what they heard and sent the shares up by 8%, and they stayed up. The REIT has been dealing with problems at a few major tenants since the onset of the pandemic, and... Read More »
by Steve Monroe | May 11, 2023 5:39 pm | Opinion
It is nice to see that the rising tide of the post-pandemic recovery is lifting all ships, including Sonida Senior Living. As you will recall, they issued a “going concern” opinion last quarter, with cash balances declining every month and a debt load that will be... Read More »