Merchants Capital Arranges $78.4M in Financing for Affordable Redevelopment of Manhattan’s Park 79 Hotel
NEW YORK CITY — Mortgage banking company Merchants Capital has closed a $51 million construction loan and a $28.4 million Freddie Mac 9% Low-Income Housing Tax Credit (LIHTC) Cash Unfunded Forward Commitment to fund an affordable housing project in Manhattan’s Upper West Side. The project, a…
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The Key to Stabilizing the Seniors Housing Industry Isn’t a…
By Jess Madison, contributing writer on aging It’s no secret that residents of long-term care facilities have been the hardest hit during the coronavirus pandemic. While the coronavirus’ impact on nursing…
COVID Reveals Opportunities for New Industries to Serve Older Adults
The pandemic has turned some technologies from optional amenities into operational necessities. By Jonathan Gould, K4Connect COVID has brought countless industries to a halt and caused companies to rethink how they continue…
Lessons Learned for Moving Residents In and Out
Nine months of shifting COVID-19 protocols have revealed many new best practices. By Bob Burg, Moves for Seniors (NOTE: This article is intended to summarize many of the lessons learned during Phase…
A Guide to Overcoming the Pandemic
The secret to beating COVID-19 may have less to do with PPE and testing, and more to do with processes, design and mission. By Donna Moore In late January, the first case…
How Do We Protect Seniors from Airborne Particles?
Technology such as needlepoint bipolar ionization can help keep residents safe. By Julie Fields Seniors housing occupancy rates have hit an all-time low. The National Investment Center for Seniors Housing & Care (NIC)…
From the Magazine
Architects’ Inventiveness on Display
Building designers consider urban integration, sustainable features and even build in vacant parking lots to reflect the future trends of seniors housing. By Jeff Shaw As the seniors housing industry matures in…
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