• 60 Seconds with Swett: The Republican Budget and Medicaid Cuts

    by | May 13, 2025 3:15 pm | 60 Seconds, Opinion

    There will be significant political interest in what happens to Medicaid funding as Republicans work to pass a budget and tax bill with their very slim majority. Touching entitlements remains politically risky, and the party is divided on whether any Medicaid cuts would be acceptable heading into an election cycle. At this stage, per-capita caps... Read More »

  • Sonida Senior Living Continues Upward Trend

    by | May 13, 2025 3:12 pm | Opinion

    We are at the end of the first quarter 2025 earning roll call, and Sonida Senior Living posted another solid quarter. Weighted average occupancy for its same-community portfolio (56 communities) increased by 100 basis points year over year to 86.8%, which is at the top end of many of its competitors. In addition, same-community RevPOR increased... Read More »

  • Regional Owner/Operator Purchases Turnaround SNF

    by | May 13, 2025 3:10 pm | Acquisitions

    Evans Senior Investments was engaged by a regional owner in a partnership with the University of Michigan Health-West Hospital to facilitate the sale of a skilled nursing facility in Wyoming, Michigan. Opened nearly 10 years ago, Healthbridge Post Acute comprises 65 beds and was experiencing operational challenges, including an annual net... Read More »

  • Family Owner Divests CCRC to Not-For-Profit

    by | May 13, 2025 3:10 pm | Acquisitions

    Senwell Senior Investment Advisors sold a family-owned/operated CCRC in Maumee, Ohio, to a not-for-profit organization. The community had been in the seller’s family for 75 years, but they are divesting to enter retirement. Established in 1949, Elizabeth Scott Community spans 51 acres and offers independent living, assisted living, memory care... Read More »

  • HUD-Backed Seniors Housing Community Opens on Long Island

    by | May 13, 2025 3:09 pm | Financings

    A HUD-financed seniors housing project has celebrated its grand opening in Bay Shore, New York. Netherbay at Bay Shore is a state-of-the-art assisted living/memory care community located at the historic Gulden family’s summer homestead on Long Island. It features 72 units and is operated by Meridian Senior Living. Greystone’s Lisa Fischman had... Read More »

Life Care Centers of America Maintains Strong Foothold in Washington’s Skilled Nursing Market

by | Feb 6, 2025 12:26 pm | Owner Snapshots

Market Position Life Care Centers of America, Inc. has established itself as a dominant player in Washington’s skilled nursing sector, tying for the position of largest owner with 15 facilities in the state. This places Washington among the company’s top three states by facility count, alongside Tennessee (26) and Colorado (22). The Cleveland, Tennessee-based company maintains a substantial national presence with 192 skilled nursing facilities across 27 states, according to the most recent CMS data. Their strongest regional concentrations include Tennessee, Colorado, Florida, Massachusetts, and Washington. Ownership Structure Founded in 1970 by Forrest Preston, Life Care... Read More »

Pennant Healthcare Dominates Washington’s Skilled Nursing Market with 15 Facilities

by | Feb 4, 2025 12:26 pm | Owner Snapshots

The Pennant Group, Inc. (NASDAQ: PNTG) subsidiary Pennant Healthcare, LLC has established itself as a leading player in Washington’s skilled nursing sector, according to the latest CMS data analysis. Market Leadership Pennant Healthcare, LLC has emerged as one of the largest skilled nursing facility operators in Washington State, with 15 facilities under its management, according to ownership data from CMS. This positions the company as a top player in the region, sharing the top spot with Life Care Centers of America, Inc., which also operates 15 facilities in the state. Portfolio Overview Beyond Washington, Pennant Healthcare maintains a significant presence in Idaho with 11... Read More »