SLIB Arranges Sale of Two Skilled Nursing Facilities in Tennessee

MOUNT PLEASANT and LENOIR CITY, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Mount Pleasant Health and Rehabilitation in Mount Pleasant and Trinity Health and Rehabilitation in Lenoir City. The properties are approximately 200 miles apart.

OREC Securities Negotiates Sale of Community on Cape Cod

BREWSTER, Mass. — OREC Securities, the investment banking affiliate of Lancaster Pollard, has arranged the sale of Pleasant Bay Nursing and Rehabilitation Center in the Cape Cod town of Brewster. The community is a five-star rated facility with 135 skilled

Skilled Nursing Occupancy Holds Steady in Q2, Says NIC

ANNAPOLIS, Md. — Occupancy in U.S. skilled nursing facilities remained relatively stable at 83.3 percent in the second quarter of 2019, a decrease of 50 basis points from the first quarter but an increase of 50 basis points from a