The gradual drawdown of COVID stimulus funds, rising interest rates and a return to a “new normal” are significant challenges for investors in the skilled nursing sector. But all is not gray by any means, notes Bill Kauffman, a senior principle with the National Investment Center for Seniors Housing & Care.
Cap rates for skilled nursing are in a “unique” place and bed prices have stayed high for longer than expected, so the next chapter’s storyline could take several interesting paths, reminds Kauffman in this podcast moderated by McKnight’s Executive Editor James M. Berklan.
