Foundations Health Sees Direct Connection Between Skilled Nursing Growth, Employee Retention

Staffing struggles are nothing new for skilled nursing operators, but one provider in Ohio specifically credits investments in staffing and culture for its recent growth. Foundations Health Solutions, a skilled nursing and physical therapy company that operates 57 properties across Ohio, has boosted margins and expanded its footprint by streamlining the relationships between corporate, clinical, […]

Despite Headwinds, Skilled Nursing Renovations and Construction Plow Ahead in Certain Markets

Among properties in the senior housing and care space, skilled nursing facilities tend to be the oldest, with new construction largely constrained to higher-end rehab facilities — sometimes called “medical resorts.” While rehab continues to drive new development in the nursing home space, Skilled Nursing News found a variety of unique projects across the country, […]

$28.3M Financing for Skilled Nursing Campus; Shuttered Former Genesis SNF to Reopen Under New Owners

Walker & Dunlop provided $28.3 million in bridge financing for the acquisition of the 194-bed Pleasant Bay Campus in Brewster, Mass., which features skilled nursing and assisted living services The campus, operated by Point Group Care, includes the 59-bed assisted living facility The Woodlands at Pleasant Bay and the 135-bed Pleasant Bay Nursing and Rehabilitation […]

KeyBank Provides $36M for Four-SNF Portfolio; Regional Transfers Five Buildings

KeyBank Provides $36M for Ohio SNF Deal KeyBank Real Estate Capital provided Foundations Health Solutions, a long-term health care company based in North Olmstead, Ohio, with $36.3 million in funding to acquire a four-property skilled nursing portfolio in Ohio. RE Journals first reported the transaction. The loan proceeds, funded through the Federal Housing Administration (FHA) 232/223(f) […]