by Steve Monroe | Nov 1, 2019 1:52 pm | Opinion
Sabra Health Care REIT continues to defy the naysayers, posting a decent third quarter overall, with its skilled nursing portfolio holding the line and its seniors housing portfolio growing revenues, cash net operating income and cash operating margin. Investors sent... Read More »
by Steve Monroe | Oct 31, 2019 3:30 pm | Acquisitions
As if a new name wasn’t enough news. First, along with its third quarter earnings results, HCP, Inc. announced that it is changing its name to Healthpeak Properties, Inc. and will trade on the New York Stock Exchange under the new name and ticker symbol “PEAK” on... Read More »
by Steve Monroe | Oct 30, 2019 6:00 am | 60 Seconds, Opinion
I know as one gets older, confusion can become more common. And today, I am a little confused about the state of the senior living industry. -Sponsored by The Senior Care Acquisition Reports NIC MAP has reported that maybe we have hit bottom in the third... Read More »
by Steve Monroe | Oct 29, 2019 4:50 pm | Financings
Two skilled nursing facilities in Hawaii refinanced their debt and lowered their interest rate by about 60% in a transaction led by HJ Sims. The facilities, both located in Honolulu, consisted of 92 beds and 75 beds, respectively. Before this refinancing, they were... Read More »
by Steve Monroe | Oct 23, 2019 12:00 am | 60 Seconds, Opinion
The Pennant Group is The Ensign Group’s latest spin off. If history repeats itself, the new company will succeed. It has been three weeks since The Pennant Group was spun out of The Ensign Group as a separate publicly traded company. This is not Ensign’s first... Read More »