$55.4M Skilled Nursing Refi in Brooklyn, $29M Loan in Upstate New York

Allure Secures $55.4M Refinance Loan for Brooklyn Nursing Home Allure Group secured a $55.4 million refinancing loan for a nursing home in Brooklyn, N.Y., The Real Deal reported. Popular Community Bank assumed the existing unpaid $29 million balance at King David Center for Nursing and Rehabilitation, the publication said, citing property records filed this week. Popular […]

Skilled Nursing Turnaround Artists Focus on Staff First, Finances Second

A distressed skilled nursing facility could have problems on multiple fronts, but when trying to fix it, operators and owners need to concentrate on the people working there. Any SNF business can be broken down into four major components: physical, operational, clinical, and financial. That’s according to Isaac Dole, founder and managing partner at Chicago-based Birchwood Healthcare […]

One Skilled Nursing Facility’s Turnaround from Two Stars to 97% Full

Five years ago, the Harlem Center for Nursing and Rehabilitation had rooms filled with used and abandoned building materials. Wires were hanging from the ceilings, and some of the showers in patient bathrooms weren’t working. That’s according to Melissa Powell, chief operating officer of the Allure Group, which took over the facility in 2012 and […]

Skilled Nursing Provider Bets on Remote Monitoring

A recent vendor-funded study showed that passive monitoring technology could bring savings to skilled nursing operators — and at least one operator agrees. The Allure Group, which owns six skilled nursing facilities in New York, is in the process of implementing contact-free continuous monitoring (CFCM) from EarlySense in all of its facilities. “Remote monitoring is […]