The IRS Scam: A Cautionary Tale

Just this week a client of the firm received a telephone call at the client’s home number and left a message to the effect that the client must call the IRS urgently or to have …

Big Deal Monday

While not an acquisition in the mode of our usual “Big Deal Monday” posts, certainly worth noting is the Health Care REIT’s announcement last week that it completed a $1.1 billion stock offering – its …

Big Deal Monday

Sentio Healthcare Properties acquired “St. Andrews Village”, a senior housing campus in Aurora, Colorado with a mix of independent living (146 units), assisted living (60 units) and skilled nursing (40 units/58 beds).

Big Deal Monday

Brookdale and HCP finalized their deal to form a joint venture to own a 14-site portfolio of entry-fee Continuing Care Retirement Communities, with HCP investing $324 million into the joint venture to acquire four of …

Yet Another Benefit of REITs – Tax-Free Spinoffs

By Amanda Wilson With the introduction of the RIDEA structure in 2007, REITs have become an increasingly popular tax structure for senior housing. REITs offer many tax advantages, such as providing the REIT entity with …

Big Deal Monday

Every Monday we’ll be posting list of the bigger transactions in the Senior Housing world from the prior week. Here are last week’s “big deals”: Harrison Street out of Chicago has agreed to acquire 11 …

Lowndes employees accept the ALS #icebucketchallenge

Several Lowndes employees accepted the #icebucketchallenge! Attorney John Ruffier then issued an ensuing challenge to other members of the firm and other law firms in Central Florida. A donation was made to ALS. Watch the …

Are your Rent Rolls Violating HIPAA?

Senior housing operators keep detailed track records of who they are renting their units to, for how much, and for how long.  The information is translated into rent rolls which are often shared with landlords, …

Nursing home residents voted to bring in strippers

Certainly the oddest news item of the year involving senior’s housing is this article from the New York Post regarding a Long Island nursing home that hired “low-rent Chippendale’s” to perform a striptease in the …