LTC Properties (NYSE: LTC) leadership doesn’t expect to see a big change to rent deferrals and abatements in the first quarter of 2022 as the real estate investment trust (REIT) awaits more permanent occupancy gains and continues transitioning underperforming facilities. Despite rent challenges, the Westlake Village, Calif.-based REIT is pleased at the rate it is […]
HMG Healthcare LLC
Real estate investment trust LTC Properties (NYSE: LTC) late Tuesday announced it entered into a settlement agreement with Senior Care Centers and Abri Health Services, collectively known as the “Lessee,” among others. The settlement — approved in the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division — includes a one-time payment of […]
Texas and Arizona have emerged as new potential COVID-19 hotspots in the latter half of June, but despite widespread knowledge of the danger to elderly residents, skilled nursing facilities in those states still face hurdles in securing testing and timely results. New COVID-19 cases in Texas have climbed significantly since mid-June, according to data from […]
The COVID-19 pandemic revealed deep cracks in the supply chain of personal protective equipment (PPE) for all health care providers, but nursing homes — which under normal circumstances do not require nearly as much as they do now — have felt particular strain. In northern New Jersey, a non-profit senior care operator has been forced […]
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