McKnight's online expo tackles sources of capital for 2012

Share this article:

Prices for assisted living communities grew 45% in 2011, to $156,900 per unit, according to a new report.

Senior living industry analysts were encouraged by the results of the report, which showed that even amidst a lingering recession, investors were willing to pay more for high-quality assisted living communities, according to a report published by the research firm Irving Levin Associates, Inc. The firm tracks merger and acquisition activity in the senior housing market.

The picture on the skilled nursing wasn't quite as rosy. The average per-bed price in skilled nursing facilities tumbled 18% in 2011 to $51,100. Analysts partially attribute the plunge to the Medicare reimbursement cuts that took effect Oct. 1, 2011.  

To learn more about finding capital in the senior housing market in 2012, tune in to the McKnight's Sixth Annual Online Expo on March 21, at 11:30 a.m. Eastern. Michael Hargrave, vice president of NIC, Market Area Profiles (NIC MAP), will help you learn about what kind of financing options are available for the year ahead. Click here to register for the online expo or for more information about the virtual tradeshow.

Share this article:

More in News

Expert says providers often wrongly threatened by PEPPER reports

Instead of fearing further scrutiny by federal authorities, providers should embrace the opportunity to get feedback in the form of PEPPER reports, legal experts said Monday at the LeadingAge annual meeting in Nashville.

Healthcare reform already driving diverse, dynamic long-term care models, LeadingAge leaders say

Healthcare reform already driving diverse, dynamic long-term care ...

One way to gauge the effects is healthcare reform is by looking at ongoing changes to the continuing care retirement community model, LeadingAge officials said Monday at the association's annual ...

Federal court: Nursing home can be sued for firing hairdresser who can ...

Is the ability to transport residents in their wheelchairs an essential function of a nursing home hairdresser? A federal appeals court says it's a valid question and is allowing a hairdresser to sue a facility that fired her.