Articles and Blogs

Goldner Capital Management, a private equity firm once prominent in the SNF sector, has filed for Chapter 11 bankruptcy, attributing a Covid-era lending scheme. Goldner claims an affiliate of one of its lenders leased or subleased 20 Goldner facilities and then stopped paying rent, causing a lease default that allowed the lender to seize... READ MORE

Nonprofit health care providers affected by Hurricanes Helene and Milton may qualify for FEMA relief under the Stafford Act. Hall Render published a recent article with tips on applying for disaster relief. Twenty states and 19 nonprofit organizations filed a lawsuit against HHS and CMS over recent nursing home minimum staffing mandates. The plaintiffs allege... READ MORE

California Governor Gavin Newsom has vetoed a bill that was designed to restrict private equity and hedge fund investments in the health care industry. Governor Newsom said the California Office of Health Care Affordability has sufficient authority to regulate health care transactions. Brookdale Senior Living announced plans to acquire a portfolio of 41 senior... READ MORE

Over the past 12 months, Ascension has undergone a significant market realignment, including a strategic exit from several markets and service lines. Hospitalogy created a helpful graphic showing the health system’s larger divestments and joint venture transactions over the past year. Four health systems are vying for CON approval to build over $1B of... READ MORE

The number of memory care units within continuing care retirement communities (CCRCs) continues to grow, and occupancy rates for such units are also on the rise, fueled in part by operators downsizing their skilled nursing facility (SNF) footprints within CCRCs. CCRC memory care occupancy was 89.7% in Q2 2024, up 3.7% year-over-year. Senior living... READ MORE

Federal Reserve officials are expected to meet on Tuesday and Wednesday to discuss whether interest rates should be cut. There is speculation the rate cut could be as low as 25 bps and as high as 50 bps. A new article compares the assessed value and lease value of the Steward Health real estate... READ MORE

The most recent jobs report shows the labor market continues to cool off. In August, 142,000 new jobs were created, which is lower than the 162,000 jobs estimate that economists were expecting. Two Federal Reserve officials have said “the time has come” to cut interest rates. Kaufman Hall published a new hospital flash report... READ MORE

The HHS OIG recently published nearly $2M in self-disclosure settlements with medical providers that involved real estate arrangements. The most common issues involved rental rates that were outside of fair market value or a failure to timely bill and collect for operating expenses and other services being provided by landlords to tenants. A former hospital in... READ MORE

During the Federal Reserve’s annual retreat on Friday, Federal Reserve Chairman Jerome Powell laid the groundwork for interest rate cuts in the near future. In his speech, Powell discussed how inflation has declined significantly and how the labor market has cooled off. A majority of officials at the meeting believe interest rates will be... READ MORE

American Healthcare REIT experienced a seasonal decline in skilled nursing occupancy, but the negative impact was mitigated by strong performance of its senior health campus segment, which is managed by Trilogy Health Services. That segment reported a 24.1% year-over-year same-store NOI growth in Q2. Similarly, Sabra Health Care REIT reported that its senior housing... READ MORE