NHI ‘Excited’ for Skilled Nursing Amid Senior Housing Hiccups

In an interesting role reversal, executives at National Health Investors (NYSE: NHI) expressed optimism about skilled nursing investments while handling pointed questions about some distress on the senior housing side of its business. CEO Eric Mendelsohn trumpeted his real estate investment trust’s (REIT) new partnerships with skilled nursing operators Ignite Medical Resorts and Wingate on […]

Genesis Exec: Skilled Nursing Industry Has No Choice But to Embrace New Models

It’s an existential problem that many providers face in the skilled nursing industry: New payment models demand substantial operational changes, but the current fee-for-service reality determines how they can pay and plan for those shifts. This frustrating dichotomy was on full display during a panel discussion on Institutional Special Needs Plans (I-SNPs) and other new […]

NHI Sees Rehab-Heavy Skilled Nursing Development as ‘Home Run’

National Health Investors (NYSE: NHI) has made multiple pushes into skilled nursing as the calendar shifted from 2018 to 2019, with a specific eye toward higher-end rehab — and new construction. Before announcing its $50.3 million pickup of a Massachusetts senior housing complex with 164 skilled nursing beds this week, the real estate investment trust […]

NHI Backs $25M Skilled Nursing Project for Ignite, Villa Healthcare

National Health Investors, Inc. (NYSE: NHI) entered into an agreement to finance the development of a 144-bed skilled nursing facility near Milwaukee, a $25.35 million commitment with a 9.5% initial yield. Under NHI’s commitment, initial funding totaled $4.7 million. The yield earned during construction will be capitalized into NHI’s investment, according to a statement announcing the […]

Movers and Shakers: Gurwin Jewish, TripleCare

Friedman Steps Down as CEO of Gurwin Jewish, Almer Named Successor Herbert H. Friedman, founder of Gurwin Jewish Nursing & Rehabilitation Center, is resigning from his post as CEO, Newsday reports. The Commack, N.Y.-based community is a non-profit provider of skilled nursing, rehabilitation and assisted living services. Stuart B. Almer, administrator and chief operating officer, will […]

In the Pipeline: New SNF Construction in Ohio, Tenn.

Construction: Planned $20 Million Retirement Home Planned in Nebraska Vetter Health Services plans to build a $20 million retirement home in Kearney, Neb., reports the Kearney Hub, a local news site. The campus, dubbed Brookestone Gardens Retirement Campus, will house a 60-bed skilled nursing facility and 40 assisted-living apartments. Brookstone Gardens is currently scheduled to open in 2018. […]