Skilled Nursing Garners Less Interest Among Investors Between 2022 and 2023

Investors appear to be less interested in the skilled nursing space, while other post-acute care settings like assisted living and independent living are increasingly sought after. Investors looking for SNF deals dropped drastically year-over-year in the last quarter of 2023, according to a seniors housing and care survey released by commercial real estate and investment […]

Investors ‘Even More Bullish’ on Skilled Nursing As Worst of COVID-19 May Be in Rearview Mirror

Investors have a continued interest in the skilled nursing space, despite increased costs associated with staffing challenges and Covid expenses at this point in the pandemic. That’s based on data collected by commercial real estate services company JLL for its latest seniors housing & care investor survey and trends outlook report published on Thursday. Investor […]

Skilled Nursing Cap Rates Expected to Stay Low as Market Shows No Signs of Slowing

Commercial real estate volume has been booming this year, particularly in the most recent quarter as it surpassed $450 billion year-to-date, according to Zach Bowyer, JLL managing director. The combination of a pent up market and low cap rates continue to push pricing in the skilled nursing space. Commercial real estate volume hasn’t reached such […]

Skilled Nursing Transactions Outpace More ‘Traditional’ Markets in JLL Report

Skilled nursing was one of 11 “alternative asset classes” to outpace real estate investment trust (REIT) transactions in more traditional markets, according to a report released by JLL this week. The SNF sector, along with other alternative classes, made up more than 60% of REIT equity market capitalization — some of the largest domestic and […]

Skilled Nursing ‘Not Out of the Woods,’ says LTC Properties CEO

LTC Properties says they’re not seeing many investment opportunities in the skilled nursing space currently, but their approach hasn’t changed — they remain committed to the space. Pricing has been surprisingly robust compared to other senior sectors such as private-pay senior living due to financial support provided by the CARES Act Provider Relief Fund.  Total […]

Pandemic Offers Opportunity for Private Investors in Skilled Nursing

The private sector has become more interested in investing in skilled nursing assets this past year into 2021, thanks to less competition from the public sector and (in some cases) distressed sales due to the pandemic. Public skilled nursing facility (SNF) owners like LTC Properties, Welltower Inc. and Omega Healthcare, meanwhile, are less inclined to […]

Nursing Home Prices per Bed Spike, Rising Almost 22% From 2020

The total price per bed for nursing homes rose almost 22% year over year for the first quarter of 2021, reaching the second-highest price point for the sector ever recorded, according to the JLL Senior Housing & CARE Investor Survey and Trends Outlook report released Wednesday. The average price per bed for nursing homes hit […]

Blueprint’s $8.5M Ohio Sale; JLL Closes on Chicago Nursing Home & Shelter

Blueprint Healthcare Real Estate Advisors announced the $8.5 million sale of a 152-unit skilled nursing and assisted living facility in Northeast Ohio. The Chicago-based brokerage didn’t name the buyer or seller, though Blueprint indicated that the seller was a local 30-year owner-operator exiting the industry. The facility had experienced operational challenges, which Blueprint helped correct […]

Skilled Nursing Remains at Bottom of Investor Wishlists Despite Occupancy Gains

Freestanding nursing facilities still rank low on investor wishlists, even though the sector saw an uptick in occupancy late last year, according to a new survey of senior housing investors from the professional services firm JLL (NYSE: JLL). Though 41% of survey respondents — which included lenders, operators and consultants, among other transactions professionals — […]

Leaders Least Optimistic About Standalone Skilled Nursing Assets in 2019

A survey of industry leaders from around the country revealed the least optimism for standalone skilled nursing assets in 2019. When asked about the perceived economic viability of solo SNF properties over the coming year, a plurality of respondents to Lancaster Pollard’s 2019 Seniors Housing & Care Survey — or 36% — said the outlook […]

Leaders Hint at Occupancy, Bed Price Mismatch in Skilled Nursing Amid Speculation

Over the last half-decade, there have been two consistent and opposing trends in the skilled nursing world: Occupancy keeps declining as seniors find other options for long-term care, but bed prices have kept steadily chugging upwards. And while there are solid reasons for those seemingly counterintuitive threads, there are questions in the operational and investment […]

Skilled Nursing Facilities Rank Near Bottom of Investors’ Wish Lists

When asked which types of properties they were most interested in pursuing in 2018, a diverse group of investors ranked skilled nursing facilities near the bottom. Just 14% of respondents in the CBRE (NYSE: CBRE) U.S. Healthcare Capital Markets Group’s annual Investor & Developer Survey said skilled nursing facilities met their acquisition requirements for 2018. […]

Investors and Operators Shun Standalone Skilled Nursing Facilities

The hits keep coming for the skilled nursing sector. A new survey from professional services firm JLL (NYSE: JLL) finds that more than half of operators and investors consider standalone skilled nursing facilities “not at all desirable” as an an investment. The findings of the Year-End 2017 Seniors Housing Investor Survey come in a high-pressure atmosphere of low […]