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Jay Gormley to speak at NYSHFA/NYSCAL: Impact of COVID, Regulatory and Inflationary Pressures on Facility Value and Financing
December 6, 2022 at 3:00 pm - 4:30 pm EST
Join Zimmet’s Jay Gormley, along with Mike Sciacca and Alicia Cantinieri, at the following session:
The last few years have been very challenging for operating margins and gross revenue across NY. Costs have increased. Staffing has been challenging and occupancy has decreased. Yet at the same time facility valuations have skyrocketed. This presentation seeks to breakdown why this has happened and give insight for the future. We will discuss the impact of current debt markets, 70/40/5 regulation, safe staffing, inflation and other factors from both a national and NYS perspective. We will also discuss what we can learn from other markets. We hope to help operators identify where the opportunities are and where the pitfalls are in the current turbulent markets.