North Shore CEO: Amid SNF Changes, Regional Operators Poised for Future Success

North Shore Healthcare’s recent acquisition of a 72-bed skilled nursing facility in Ashland, Wis., presented an opportunity for the provider to expand its existing services in the town — and fit with the company’s ethos of growth. Specifically, the Glendale, Wis.-based operator isn’t looking to grow “for growth’s sake,” but it will look for opportunities in […]

$37.8M Financing for Two SNFs in New Jersey; Lancaster Pollard Lands Multiple Loans

Lancaster Pollard Mortgage Company helped provide financings for skilled nursing facilities in Michigan and South Carolina, while also landing a $42 million Fannie Mae refinance for a continuing care retirement community (CCRC). In Michigan, Lancaster Pollard assisted Riverview Health with the refinance of two of its communities in Detroit. Lancaster Pollard obtained two loans through […]

North Shore Healthcare Assumes Management of Fortis SNFs Amid Receivership

After filing for receivership in July, the Milwaukee-based Fortis Management Group will transfer 25 of its long-term care facilities — including 21 skilled nursing properties — in Wisconsin to North Shore Healthcare by October. Based in Glendale, Wis., North Shore Health Care provides a range of skilled nursing services, including Alzheimer’s care and rehabilitation services. Its […]