Sentences with phrase «nursing facilities operator»
The company is considering taking over one of its biggest tenants, a struggling skilled nursing facilities operator.
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Earlier this year, Kindred announced plans to coordinate skilled nursing operations with Genesis HealthCare, one of the largest operators of skilled nursing facilities in the United States.
The facility since 1992 had been strapped with a deed that required its operator to run it as a nonprofit health care facility — but city agencies agreed to lift that deed last November at the request of the owner, Allure Group, which had promised to operate a for - profit nursing facility, the Wall Street Journal reported.
(a-1) A person commits an offense if the person is an owner, operator, or employee of a group home, nursing facility, assisted living facility, intermediate care facility for persons with mental retardation, or other institutional care facility and the person intentionally, knowingly, recklessly, or with criminal negligence by omission causes to a child, elderly individual, or disabled individual who is a resident of that group home or facility:
Not only do nursing care facility operators need to conduct regular risk assessments, they must also proactively manage issues related to workplace safety, accommodation, employment standards and protecting resident privacy.
The portfolio is master leased to LaVie Care Centers, an operator of 208 post - acute / skilled nursing facilities in the United States.
Billed as the nursing home of the future, a new 115 - bed facility is under way in Erie, Pa., by Golden Living, an owner and operator of long - term care buildings.
The sites are triple - net leased to tenants affiliated with national operators of assisted living, memory care, and skilled nursing facilities, with weighted average lease terms of 10.5 years, and will be managed by those operators.
Cambridge Realty Capital Companies has its own private equity arm, Cambridge Investment and Finance Company, LLC, to act as a principal and acquire senior housing properties in the form of an operating lease on skilled nursing facilities, or, more typically, as a third - party operator / property manager for assisted living, memory care, and independent living facilities.
Because it's not getting any easier, owners and operators of skilled nursing facilities need to thoughtfully identify as many risks to the business as they can, Cambridge Realty Capital Companies Chairman Jeffrey A. Davis advises.
Berger will focus on structuring and arranging debt, mezzanine and equity capital for owners, operators and developers of independent living, assisted living, memory care and skilled nursing facilities.
Equity healthcare REITs buy health care facilities such as hospitals, nursing homes, assisted living or outpatient facilities, and lease them to health care operators.
For example, Fundamental Long Term Care Holdings LLC, a mid-size operator of high - acuity properties, recently purchased a three - property portfolio of skilled nursing facilities from NHI for $ 18.5 million.