A Colorado nursing home with over 95% occupancy was sold for $13 million, while several skilled nursing facilities in Boston, Philadelphia, and central North Dakota were also sold. 80-bed SNF in Colorado Sells for $13M Kiser Group Seniors Housing, in collaboration with SVN Senior Living Advisors, successfully brokered the $13 million sale of Forest Ridge, […]
Category: Finance
Physical therapists saw moderate wage increases between July 2024 and June 2025, with long-term care PTs experiencing the second-highest average pay increase at 2.92%, according to a report released Wednesday. The latest Rehabilitation Salary & Benefits Report from Hospital and Healthcare Compensation Service (HCS) revealed that hospital PTs saw the highest average pay increase at […]
MONTICELLOAM facilitated two loans totaling over $117 million, supporting 1,000 nursing home beds across the East Coast. Meanwhile, a skilled nursing facility was sold in Kentucky. $70M bridge loan for SNF portfolio in Massachusetts and Rhode Island MONTICELLOAM announced the financing of $70 million in senior bridge loan for eight skilled nursing facilities in Massachusetts […]
Lawmakers have sent a letter to Genesis HealthCare’s leadership, accusing its private equity investors of “looting” and contributing to the company’s Chapter 11 bankruptcy filing over the summer. Genesis, one of the largest skilled nursing providers in the U.S., operates nearly 200 nursing and senior living facilities and over 1,400 rehab centers, filed for bankruptcy […]
Driven by its cluster model, The Ensign Group (Nasdaq: ENSG) has pursued a deliberate and consistent acquisition strategy – focusing on markets where it already has a footprint. “Our goal isn’t necessarily to be in all 50 states,” Chairman and CEO Barry Port told the Orange County Business Journal, emphasizing that the company prefers expanding […]
Principle LTC sold a seven-facility portfolio in Kentucky, totaling 818 beds, to a New Jersey-based owner-operator. Meanwhile, United Church Homes (UCH) announced the sale of The Harmar Place Community to Foundations Health Solutions, an Ohio-based for-profit health care organization. Largest SNF portfolio sale in Kentucky North Carolina-based Principle LTC, a privately held owner-operator, engaged Blueprint […]
Having acquired the real estate of 18 facilities over a period of 18 months, Creative Solutions in Healthcare is moving forward with an accelerated growth strategy underpinned by HUD financing. “Since we’ve operated across most markets in Texas, we’ve built a deep understanding of where we perform the best, both urban and rural,” Chris Eamiguel, […]
Teton.ai, which is focused on predictive modeling for health care companies, has announced the conclusion of their Series A funding round, totaling $20 million. Meanwhile, robotics company Andromeda, focused on robotic companions for seniors, received $23 million in its Series A round. Blueprint oversaw the sale of nine skilled nursing facilities across Texas, while Walker […]
The rise of Medicare Advantage has created problems related to skilled nursing, including “unneeded and unnecessary care delays,” according to Trilogy Health Services Chief Medical Officer Andrew McNamara, M.D. However, SNF providers also have to better understand Medicare Advantage in order to address these issues, McNamara told Skilled Nursing News in an interview that has […]
CareTrust REIT (NYSE: CTRE) announced Derek Bunker as its CFO and Treasurer on Tuesday. Bunker currently serves as CareTrust’s SVP of Strategy and Investor Relations, a position he has held since June 2025 following a consulting role with the company during its acquisition of Care REIT. He is expected to step into the CFO role […]
Long-term care pharmacy Omnicare has entered into Chapter 11 bankruptcy proceedings and is considering various paths forward, including a standalone restructuring or a sale. Omnicare is a subsidiary of CVS Health (NYSE: CVS) and provides pharmacy services to the long-term care market, including skilled nursing facilities, independent living communities and assisted living communities. The LTC […]
Despite macroeconomic and regulatory uncertainties, the investment outlook for skilled nursing and assisted living is robust. That’s according to panelists at Skilled Nursing News’ recent RETHINK conference, who highlighted that conditions are finally normalizing in the skilled nursing space, five years after the COVID-19 pandemic struck. “The COVID hangover is over,” said Sam Bechthold, chief […]
LTC Properties (NYSE: LTC) is poised to have the lowest concentration of skilled nursing assets in its portfolio in company history. The Westlake Village, California-based real estate investment trust (REIT) has been actively expanding its seniors housing operating portfolio (SHOP). As a result, its portfolio will shift from about an equal balance between private-pay senior […]
Leaders with PACS Group (NYSE: PACS) anticipate reporting record revenue and earnings for the first half of the year. “Over the last year, we have maintained strong employee retention levels in our operations, and our team has remained steadfast in its commitment to our mission of revolutionizing the delivery, leadership, and quality of post-acute care,” […]
An affiliate of National HealthCare Corporation (NYSEAMERICAN: NHC) is in default under its master lease with National Health Investors (NYSE: NHI) due to non-compliance with certain non-monetary provisions. The NHC affiliate operates 32 skilled nursing facilities (SNFs) and three assisted living facilities in the NHI portfolio, according to a Securities and Exchange Commission (SEC) document […]
PACS Group (NYSE: PACS) is seeking a new chief financial officer following the resignation of Derick Apt. This marks a C-suite change for one of the nation’s largest nursing home companies, as independent subsidiaries of PACS operate more than 300 post-acute and senior living facilities across the country. Apt tendered his resignation at the request […]
By Kristin Carroll This roundup of skilled nursing deals includes a mix of action from REITs, the recapitalization of a 13-property portfolio, and a pre-seed funding round for an AI platform. Read on to learn more. Capital Funding Group Closes $50.3M Delayed Draw Bridge-HUD Loan Healthcare and multifamily lender Capital Funding Group (CFG) announced the […]
One of the nation’s largest nursing home companies, PACS (NYSE: PACS), has entered into a forbearance agreement with lenders as well as landlord Omega Healthcare Investors (NYSE: OHI), and is also undergoing a change in executive leadership. Effective as of Aug. 15, P.J. Sanford exited as PACS’ president, the company announced in a filing with […]
Amid economic uncertainty and a phased rollout of significant federal funding cuts over the next three to five years, future reimbursement projections appear grim, and nursing homes shouldn’t delay dealmaking, especially if operators are planning to sell. This view is held by financial experts who note that while the so-called One Big Beautiful Bill Act […]
Greystone provided a $64.9 million bridge loan for a portfolio in Pennsylvania. Meanwhile, Blueprint advised on the sale of a skilled nursing and senior housing portfolio in Ohio and Kentucky for an undisclosed amount. Greystone Provides $64.9M for PA Portfolio Commercial real estate finance company Greystone provided a $64.9 million bridge loan for a health […]
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