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Monday Jump-Start: Don’t Count on REITs Buying Brookdale

Happy Monday!

It’s an exhausting time—March Madness is in full swing, and seemingly everyone in Chicago is recovering from week-long St. Patrick’s Day celebrations. Before we descend into even more March Madness, here’s a recap of what we covered last week:

California-based memory care provider Silverado will be making its East Coast debut in early 2018.

Senior Housing News profiled Atrium Post Acute Care of Woodbury, an award-winning rehabilitation facility built on the grounds of a historic New Jersey country club and golf course.

Senior housing real estate investment trusts (REITs) may be gearing up for a buying rebound in 2017—but they probably won’t buy Brookdale Senior Living (NYSE: BKD).

Skilled nursing occupancy suffered across the country late last year, falling to its lowest level since late 2011.

Also in the News

Former MU Defensive End Finds Meaningful Career in Assisted Living—26-year-old Marvin Foster used to play football for the University of Missouri; now, he’s an administrator in an assisted living program in Columbia, Missouri.

Last, but not least: Daffodil the Alpaca visited residents at Spring Hills Middletown Assisted Living in Franklin, Ohio, last Thursday. Here are some photos to commemorate the event:

Click to view slideshow.

The post Monday Jump-Start: Don’t Count on Reits Buying Brookdale appeared first on Senior Housing News.



This post first appeared on Business Insight And Information - Senior Housing News, please read the originial post: here

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Monday Jump-Start: Don’t Count on REITs Buying Brookdale

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