- ACCREDITATION COMES TO ASSISTED
LIVINY.
Assisted living has always been an odd mix of real estate and healthcare. As assisted living residents have aged in place, the healthcare component has become increasingly important as a marker of provider quality. Beyond providing good care, though, the provider needs to advertise and market the fact-to show consumers, ......
- REITs and assisted living.
THE EVOLUTION OF A NEW FINANCING SOURCE Financing for assisted living facilities is undergoing a major change as REITs (real estate investment trusts) enter the market in a substantial way. "Local financing may be the case for the individual mom-and-pop operator and for very small chains," explains Ray Lewis, an ......
- Assisted living facilities: ranked by licensed beds in
the San Fernando Valley (Health Care).
EXECUTIVE SUMMARY As the era of the Baby Boomers grows older, the need for assisted living facilities becomes greater. Spanning from West Hills to Glendale, the Business Journal list ranks the 20 largest facilities in the greater San Fernando Valley. For the third year in a row, the Los Angeles ......
- Healthcare REIT sells assisted-living facilities
Health Care Property Investors Inc., a Newport Beach real estate investment trust, sold seven assisted-living facilities with 774 units for $51.6 million in two separate transactions. Two Portland, Ore.-based companies, Regent Assisted Living Inc. and Encore Senior Living, bought the properties. The price was 10 times 2000 rents, according to ......
- Assisted living facilities create new REIT
niche.
The aging U.S. population and a strong demand for Assisted Living Facilities - a concept receiving new emphasis in retirement living - are converging to create a significant opportunity for real estate investors, according to KPMG Peat Marwick's Real Estate Consulting Group. KPMG Peat Marwick also believes that Assisted Living ......
- Sizing up assisted living.
It's not just a "nursing home without walls" The assisted living industry is rapidly changing in response to resident needs, family expectations and the evolving health care environment. Once characterized as "board and care" homes providing minimal assistance to their residents, assisted living (as generally defined today) provides 24-hour individualized ......
- Assisted Living: Will Washington Clamp
Down?
Does Congress want the Health Care Financing Administration (HCFA) to regulate the assisted living industry? Not likely. HCFA has its hands full overseeing the nursing home industry. Does Congress want to appear to be concerned about this burgeoning industry? Based on recent events, the answer is an unequivocal "yes." Senator ......