Post-Acute & Senior Living: In a JV, Encompass Health, formerly HealthSouth, to build rehab hospital in Idaho
Birmingham, Ala.-based Encompass Health Corp. (NYSE: EHC), formerly called HealthSouth Corp., recently formed a joint venture with Boise-based Saint Alphonsus Regional Medical Center
Post-Acute & Senior Living: Senior housing optimism rising
2017 sales increase 14.4%; PwC/ULI report calls the sector a ‘best bet for 2018’ By John B. Mugford Momentum is now building for the senior housing sector, as updated figures for 2017 indicate that the total sales volume for the year was $16.6 billion, an increase of 14.4 percent over 2015, according to a late-February […]
Post-Acute & Senior Living: While still low, senior housing occupancy rate holds steady in Q4 at 88.8 percent
The occupancy rate for seniors housing properties nationwide averaged 88.8 percent in the fourth quarter (Q4) of 2017, according to statistics released in January by the National Investment Center
News Release: Sina Companies delivers inpatient rehab hospital in Las Vegas
The 44-bed, 56,220-square foot, inpatient PAM Rehabilitation Hospital of Centennial Hills in northwest Las Vegas will be leased to Post-Acute Medical, an operator of specialty, rehabilitation and surgical hospitals LAS VEGAS and PALM BEACH GARDENS, Fla., April 25, 2018 – Sina Companies announces the completion of the PAM Rehabilitation Hospital of Centennial Hills, a 44-bed inpatient rehabilitation […]
News Release: Seniors Housing Occupancy Rate Falls to Six-Year Low of 88.3% in First Quarter
Assisted Living Occupancy Rate Slips to a New Low, While Independent Living Occupancy Rate Remains Above 90% The occupancy rate for seniors housing properties averaged 88.3% in the first quarter of 2018 down 0.5 percentage point from the prior quarter and down 0.9 percentage point from year-earlier levels. This placed occupancy 1.4 percentage points above its […]
News Release: ESI Arranges Sale of an Independent & Assisted Living Facility in Washington for $50.5M
ESI Arranges Sale of an Independent & Assisted Living Facility in Washington for $50.5M Evans Senior Investments (ESI) successfully represented the sale of Garden Court Retirement Community, a 148 unit independent and assisted the living community in Everett, Washington for $50,500,000 ($341,000 price per unit). Built in 2002, Garden Court Retirement Community is located 13 […]
News Release: ESI Arranges Sale of an Independent & Assisted Living Facility in South Carolina for $14.5M
Evans Senior Investments (ESI) successfully represented the sale of The Willows of Easley, a 100 unit independent and assisted the living community in Easley, South Carolina for approximately $14,500,000 ($145,000 price per unit). Originally built in 1997 and expanded in 2004, The Willows of Easley is located on a nine-acre campus 14 miles west of […]
Post-Acute & Senior Living: Senior Housing Properties Trust selling four communities for a gain of $308 million
Newton-based Senior Housing Properties Trust (Nasdaq: SNH) expects to report a gain of about $308 million on the sale of four senior living communities it has owned since 1994. The unnamed
Post-Acute & Senior Living: JLL healthcare group closes on financing for PMB’s rehab hospital in Indiana
The Healthcare Capital Markets Group with Jones Lang LaSalle (NYSE: JLL) recently closed on the construction/mini-perm financing of a 44-bed inpatient rehabilitation hospital in
Post-Acute & Senior Living: Company has plans for a new concept, a ‘micro CCCR,’ in St. George, Utah
A recent article by Tim Regan in Senior Housing News reports that Wilsonville, Ore.-based Avamere Family of Companies has plans for what it is calling “a micro continuing care retirement community”
Post-Acute & Senior Living: While still low, senior housing occupancy rate holds steady in Q4 at 88.8 percent
The occupancy rate for seniors housing properties nationwide averaged 88.8 percent in the fourth quarter (Q4) of 2017, according to statistics released in January by the National Investment Center
Post-Acute & Senior Living: Denver firms break ground on 77-unit senior community in Albuquerque, N.M., area
Construction has started on a 70,863 square foot senior living community in Rio Rancho, north of Albuquerque. The 77-unit MorningStar of Rio Rancho will offer assisted living and memory
Post-Acute & Senior Living: Firm announces plans for massive, three-building senior medical complex in Orlando
A local development and architectural firm has announced plans for a $1 billion, three-building senior-focused medical complex in downtown Orlando. Included in Orlando-based Ponte Health’s
Post-Acute & Senior Living: O&M Investments acquires 144-bed SNF in San Antonio; Dallas team with HFF brokers the sale
An affiliate of Los Angeles-based O&M Investments LLC recently acquired the 144-bed Mesa Vista Inn Healthcare Center, a post acute skilled nursing facility (SNF) near San Antonio’s South Texas
Post-Acute & Senior Living: Heart is brand finds a formula
The senior housing arm of Dallas-based Caddis recently started its 17th facility By John B. Mugford It all started rather quietly. In 2012, well-known Dallas-based healthcare real estate (HRE) firm Caddis, which had focused mostly on medical office building (MOB) development, ownership and management since its founding in 2008, decided to enter a new, somewhat-related […]