The Department of Social Services will be enforcing three new laws in 2015, most of which affects smaller providers for residential and elderly care facilities. The California State legislature has passed these laws in an effort to raise quality of life for residents and keep facility staff prepared for emergencies and accidents. The Community Care […]
In preparing to buy skilled nursing facilities, assisted living facilities or other healthcare properties, there is great concern and thought invested in learning how to properly finance your purchase. Though many options are available, the most common and available method to successfully buy a skilled nursing, or assisted living facility comes in a two-part loan […]
Skilled Nursing Facilities and Bankruptcy For the past 24 to 36 months the skilled nursing marketplace has experienced unprecedented turbulence making the decision to buy skilled nursing facilities a difficult one to make. Profit margins for operators of skilled nursing facilities are spread thin with MediCare and Medicaid cuts. In California, MediCal withholds have further […]
Independent Living and Assisted Living Facilities When searching to buy healthcare properties, there are several different types from which you can choose. Right now, the senior housing marketplace is one of the industries promising unlimited growth with unquenchable needs in independent living, assisted living, skilled nursing and other senior housing facilities. Many of these homes […]
NIC National Conference in Chicago Shows Promising Boom In October 2014, the National Investment Center held its 24th Annual NIC National Conference in Chicago, IL. Over 2200 people attended the conference centered on investing in senior housing and care facilities. Top executives from the most prominent operators were part of the forum. Keynote speakers included […]
Residential care facilities for the elderly, otherwise referred to as RCFE, is a type of care facility specifically designed to serve and assist the elderly with their daily lives. These facilities are also known as assisted living facilities. For those making plans to buy RCFEs there are a few basic pieces of information to know […]