Large real estate investment trusts are looking to get out of the skilled nursing sector, according to the Wall Street Journal.
Prominent real estate investment trusts are worried about the fiscal challenges facing skilled nursing homes, and some are looking to get out of the sector, according to the Wall Street Journal.
The capital landscape for long-term care continues to rebound, which is good news for operators looking to expand in 2012 and beyond, analyst Michael Hargrave told McKnight's Online Expo participants Wednesday.
Stocks of the real estate investment trusts that serve nursing homes have been on a downward slide since July's announcement of a $3.87 billion cut in Medicare reimbursements.
A federal appeals court in Louisville has upheld a $101 million damages award in favor of the real estate investment trust Ventas in its lawsuit against HCP Inc.