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 …
John Ruffier talks about Florida’s same-sex marriage ban
Federal judge rules Florida’s same-sex marriage ban unconstitutional. Watch John Ruffier discuss what this mean for Florida and the LGBT community on Fox 35 News. To view the video, click on the image below.
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 …
Employee Handbooks Need Annual Check-Ups Too
By: Rachel D. Gebaide Physicians encourage their patients to have annual physicals for preventive care. Shouldn’t senior living facilities do the same with their Employee Handbooks? Senior living facilities often have a 24/7 work force …
Welcome to our blog!
Welcome to the Gray Area of the Law blog! We represent developers, owners, buyer, sellers, investors and managers in the Senior housing industry, and in this blog we examine the immediate needs and long term …