by Steve Monroe | Mar 15, 2021 10:20 am | Financings
Two weeks ago, we reported on the restructuring that is taking place at Genesis Healthcare, with the infusion of new capital that will eventually take this new investor to a fully diluted ownership interest in excess of 40%. That news sent the share price... Read More »
by Steve Monroe | Mar 15, 2021 10:17 am | Acquisitions
LTC Properties sent a notice of default to Senior Care Centers (SCC) and ABRI Health Services after they failed to pay the March rent due as well as additional charges under the master lease. LTC will make draws under SCC’s letter of credit to... Read More »
by Steve Monroe | Mar 11, 2021 10:43 pm | Acquisitions
The National Investment Center for Seniors Housing & Care (NIC) announced March 11 that it has acquired VisionLTC, a North Carolina-based data analytics platform serving the senior care industry. Together, they are creating a new company... Read More »
by Steve Monroe | Mar 3, 2021 8:45 am | 60 Seconds, Opinion
If people need care and full-time supervision, there is no cost comparison between assisted living and home health. Here’s a real life example. A friend recently asked for some advice (true story) about her 85-year old mother who was hospitalized, then went to a... Read More »
by Steve Monroe | Mar 3, 2021 8:39 am | Acquisitions
Last week, as part of its earnings release, New Senior Investment Group announced that Atria Senior Living would be taking over management of 21 independent living communities managed by Holiday Retirement Corporation. From a diversification... Read More »