The skilled nursing sector could see increased operator consolidation in the coming years, according to an official with the National Investment Center for Seniors Housing & Care.
Occupancy is steered by flu
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Aug 06, 2016
Skilled nursing facilities experienced slightly increased occupancy rates in the first quarter of 2016, likely due to winter-related causes such as flu and falls, according to the National Investment Center...
Occupancy hits 5-year low
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Nov 05, 2016
Occupancy rates for skilled nursing facilities dropped to 82.2% in the second quarter of 2016 — the lowest level in five years, according to a report released in September by the National Investment...
SNF deals hit $500 million
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Jul 06, 2017
Transactions within the nursing care sector reached $500 million in the first quarter of 2017, according to the National Investment Center for Seniors Housing & Care.
ManorCare, HCP Inc. sued
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Jul 04, 2016
HCP ignored fraud and misled investors about the performance of ManorCare, its skilled nursing portfolio, according to a class action filed in May.
Genesis will acquire 24 SNFs in $240 million Revera deal
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Aug 05, 2015
Genesis Healthcare will acquire 24 skilled nursing facilities from Revera Inc., as part of a $240 million portfolio.
Ventas done with spin-off
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Oct 05, 2015
Ventas Inc. announced it has completed the spin-off of the majority of its post-acute and skilled nursing facility portfolio into an independent, publicly traded REIT.
HCP closes on SNF spin-off
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Dec 06, 2016
HCP Inc. completed its previously announced spin-off of its troubled HCR ManorCare skilled nursing and assisted living portfolio into a new real estate investment trust on Oct. 31.
CareTrust nabs IL SNFs
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Apr 05, 2017
CareTrust REIT Inc. has purchased five Illinois skilled nursing facilities for $29.2 million, the company announced in March.
Genesis: SNF selloff to trim rent outlays by $10.5 million
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Dec 06, 2016
Genesis HealthCare expects to save $10.5 million in rent payments following the sale of 92 skilled nursing facilities previously leased by its biggest landlord, the long-term care giant announced in early...