Skilled Nursing Feasibility Study in the Los Angeles-Long Beach-Anaheim, CA Metro Area

Skilled nursing in Los Angeles: first among areas

On skilled nursing loans the area ranking puts Los Angeles, Long Beach and Anaheim at 1 of 203, and the class list puts skilled nursing at 24 of 39 inside Los Angeles, Long Beach and Anaheim. The location quotient of 1.30x places skilled nursing a little above its national weight even though the class is far down the local class list. SBA's files show 47 loans for $61.7 million, FY2017 to FY2026. In Los Angeles, Long Beach and Anaheim the skilled nursing facility median, $804,000, is 1.20x of the countrywide figure; usual loans run $319,000 to $1.5 million.

SBA 7(a) accounts for 39 of the Los Angeles, Long Beach and Anaheim skilled nursing facility loans, SBA 504 for 8. Los Angeles County: 37 loans and Orange County: 10 loans, so the record is two counties, with Los Angeles County far ahead. Franchise ownership reads 0.00%. No lender reaches the five-loan line in Los Angeles needed to be named, so no lender is listed here.

Among FY2017 to FY2024 approvals in Los Angeles, Long Beach and Anaheim, at least 20.6% were cancelled, a floor that may understate the true share. Loan Analytics prints no charge-off floor and no ceiling figure for want of enough loans; silence is not nil. The years that print: FY2021 (10 loans, $12.5 million); FY2023 (6 loans, $1.4 million); FY2025 (7 loans, $7.3 million); and FY2026 (6 loans, $15.0 million).

Los Angeles skilled: what a skilled nursing study tests

The same code also covers inpatient hospices and assisted living with nursing, so the Los Angeles, Long Beach and Anaheim figures cover a wider group than skilled nursing alone. A skilled nursing facility loan is placed in the area through the financed site’s county under the July 2023 county list, and any loan whose county has no match is skipped. A study must test licensed bed counts, payer mix between Medicare, Medicaid and private pay, staffing cost and agency labor, state certificate and survey history, and debt service when occupancy or rates move. These figures are background to a skilled nursing analysis, and no approval follows from them.