Assisted Living, SNF Prices Reach Record Highs

The last year was marked by sky-high prices and low cap rates as reported by senior housing real estate investment trusts (REITs) in quarterly earnings calls, and now the numbers prove that perhaps they’ve been holding off on deals with reason. The average price for skilled nursing facilities soared to a new record of $85,900 per […]

The rise of assisted living facilities

A combination of renovation and new construction proposals could more than double the number of beds available in assisted living facilities in Tallahassee. Ten new projects, eight in the city and two in the county, are under various stages of construction or review. Three weeks ago, the city received a proposal for the massive Red Hills […]