Birchwood Healthcare Partners has recently participated in a number of panel discussions at various conferences around the country. In March, Rutul Shah was a panelist at the HJ Sims Conference in Orlando, Florida on “Acquisitions – Targeting, Valuing, Pricing and Financing.” Also in March, Isaac Dole was a panelist at the National Investor Center (NIC) senior housing conference in Dallas, TX on “Debt Financing for Real Estate and Cash Flow Business Lines.” In April, Isaac Dole was a panelist at the Ziegler National CFO Conference on “What can we learn from our for-profit peers?”
On May 10th, Birchwood will participate in The SeniorCare Investor’s upcoming webinar, The 40-Year Old SNF: Part II. The webinar will take place on May 10, 2018 at 1:00 PM ET and will be hosted by Irving Levin Associates.
In 2016, we held our first webinar specifically talking about the old of the old skilled nursing facilities. There has been a definite shift away from the old SNFs, with new “transitional” care properties being built that are not certified for Medicaid and have very short lengths of stay, something not really done 10 years ago. But providers and investors are still buying these older skilled nursing facilities, even as most people had written them off as well past their useful lives. But are they? Key topics will include:
- How the values between older and newer SNFs have been diverging
- Who is buying the older properties and why
- What it costs to renovate a 40-year old SNF
- Whether you can really change the census mix of these old buildings
- If there is an alternative use for these properties
More information about this webinar and how to participate can be found through the following link: https://products.levinassociates.com/downloads/1805-webinar/. In the coupon code box, use the word “SPEAKER” and receive a $50 discount.