Addition of senior housing to data collection warehouse adds transparency, capital to sector … National s tenants bill of rights introduced … Margaritaville retirement community turns 6 … Fitch...
Actions & Transactions, June 26
By
Kathleen Steele Gaivin
Jun 26, 2024
Greystone provides $29M in HUD-insured financing for SNF in Tucson, AZ … Ziegler advises on $65,000-per-bed sale of Ohio SNF portfolio … Volunteers of America National Services opens affordable senior...
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...
Capital Funding Group closes $42M HUD in financing for SNFs in 2 states
By
Kathleen Steele Gaivin
Jun 25, 2024
Capital Funding Group announced Monday that it had closed on a HUD financing package totaling $42 million, on behalf of an unnamed “nationally recognized” borrower, for the purchase of three skilled...
Actions & Transactions, June 25
By
Kathleen Steele Gaivin
Jun 25, 2024
Selectis Health completes sale of Archway Transitional Care Center in Georgia … SLIB negotiates sale of 95-Unit Copper Springs Senior Living in Meridian, ID … Prestige Group brokers sale of 220-ded...
IDB Bank arranges $201.5 million in financing for 21-SNF portfolio
By
Kathleen Steele Gaivin
Jun 24, 2024
New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Caroliona and Texas.
Business briefs, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
State nursing home, assisted living survey official resigns after lawsuit … Legislators call for veterans home in Oregon … Change Healthcare tells providers about data stolen in cyberattack … Looking...
Actions & Transactions, June 24
By
Kathleen Steele Gaivin
Jun 24, 2024
NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
Actions & Transactions, June 18
By
Kathleen Steele Gaivin
Jun 18, 2024
First Citizens Bank provides loan for Tacoma, WA, senior living community … ESI arranges sale of Henry County Healthcare Center in Tennessee … SLIB negotiates sale of senior living community in Mercer...
DOJ hits telehealth firm for $4.6M in false claims settlement involving nursing homes
By
Josh Henreckson
Jun 14, 2024
A company that provides mental telehealth services to skilled nursing residents has agreed to pay the federal government $4.6 million to resolve false claims allegations.