Amy Novotney McKnight's Senior Living

Amy Novotney

Most recent articles by Amy Novotney

Thomas Herzog

SHOP assets under scrutiny, but CCRC portfolio ‘irreplaceable’: Healthpeak

Irvine, CA-based Healthpeak Properties told investors this week that the firm is eyeing a potential exit of its senior housing operator portfolio and triple-net lease assets, if the pricing is right. The remarks from CEO Thomas M. Herzog came during a presentation Wednesday at the Bank of America Merrill Lynch 2020 Global Real Estate Virtual Conference.

Business briefs for Friday, Sept. 18

Nearly 90% of PA LTC operators say their business operations are “barely sustainable”: survey … Occupancy at Connecticut nursing homes plummets to 55% … Charter Senior Living partners with DMK Development Group to develop new senior living community in Kentucky … Atlas Senior Living breaking ground on new Florida senior living community

Beth Burnham Mace headshot

Seniors housing investment returns drop for first time since 2012: NIC

Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council of Real Estate Investment Fiduciaries second quarter real estate investment report released this week. The total investment return for the seniors housing sector was a negative 1% for the quarter, the first negative return in eight years.

CMS evaluating outcomes-based reimbursement strategies for COVID-19 tests

The Centers for Medicare & Medicaid Services is investigating a new outcomes-based reimbursement strategy for COVID-19 tests, according to an InsideHealthPolicy report. CMS Administrator Seema Verma said at an America’s Health Insurance Plans’ conference Tuesday that the organization has plans to move quickly on policy changes affecting reimbursement.

Business briefs for Thursday, Sept. 17

Occupancy within New Senior Investment Group portfolio declined 0.5% in August to reach 83.9%, according to new company presentation … Fed to keep interest rates near zero, likely until at least 2023 … Nearly 60% of healthcare organizations lack well-developed methods to evaluate training: survey … Blueprint arranges sale of New York assisted living portfolio … Senior Lifestyle undertakes multi-million dollar renovation of Maryland senior living community … Virginia senior living community nearing sellout in first phase offering

Business briefs for Wednesday, Sept. 16

CMS rescinding controversial proposed MFAR … California senior living operator closes SNF to save assisted living units … Main Street lending program a bust with only 0.2% of cash tapped … High Street Residential completes development of Minnesota active adult community … Hunt Capital Partners closes on $7M in federal low-income housing tax credit equity financing for construction of Ohio seniors affordable housing development

Next post in Business Daily News