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COVID Has Opened the Door for More Sophisticated Operators to Expand

CIBC Bank USA closed several acquisition and refinancing loans for skilled nursing assets in the last month as Matthew Tyler, managing director of health care at CIBC, said it continues to see operators looking for new banking relationships coming out of COVID-19. He sat down with Skilled Nursing News to share what he looks for […]

The post COVID Has Opened the Door for More Sophisticated Operators to Expand appeared first on Skilled Nursing News.

SavaSeniorCare Moves 29-Asset Portfolio to Four New Tenants in Robust Financing Market

With the skilled nursing market hotter than ever, SavaSeniorCare recently moved a 29-asset long-term care portfolio in a deal that Erik Howard, executive managing director of Capital Funding Group, said was one of the more complicated ones the financial provider has completed this year. The deal included a $262.6 million term loan for the refinancing […]

The post SavaSeniorCare Moves 29-Asset Portfolio to Four New Tenants in Robust Financing Market appeared first on Skilled Nursing News.

Future Leader: Jonah Blumenthal, TypoDuctions and DRIFT Chief Marketing Officer

The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Jonah Blumenthal, Chief Marketing Officer of TypoDuctions and DRIFT, […]

The post Future Leader: Jonah Blumenthal, TypoDuctions and DRIFT Chief Marketing Officer appeared first on Skilled Nursing News.

Long-Term Care Costs Expected to Further Increase by 5% in Next Six Months

The cost of providing long-term care services has increased faster than the rate of inflation since 2004, according to a report issued this month by the Bipartisan Policy Center, with the annual costs ranging from $19,240 for adult day health care to $105,850 for a private room in a nursing home. Cost increases — which […]

The post Long-Term Care Costs Expected to Further Increase by 5% in Next Six Months appeared first on Skilled Nursing News.

Future Leader: Leor Dimant, Greystone Managing Director

The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Leor Dimant, managing director at Greystone, has been named […]

The post Future Leader: Leor Dimant, Greystone Managing Director appeared first on Skilled Nursing News.

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