How to Streamline Senior Living Community HR Processes

Cut Costs, Save Time and Recruit and Retain Good Workers The growth of the aging population is creating more demand for senior living options. But growing demand is colliding with a labor shortage, adding to the workload and strain on…

M&T Realty Capital Corp. Promotes Michael Edelman to President

BALTIMORE — In an expansion of its current leadership team, Baltimore-based M&T Realty Capital Corp. has promoted Michael Edelman, previously group vice president, to president of the organization. In this new role, Edelman will report directly to CEO Michael Berman.…

KeyBank Launches $750M Healthcare Real Estate Fund with Welltower

CLEVELAND — Cleveland-based KeyBank Real Estate Capital, the commercial real estate business unit of KeyCorp (NYSE: KEY), has established a new unitranche loan program with Toledo-based Welltower Inc. The healthcare real estate fund will total $750 million in lending capacity…

Seniors Housing Sales Pick Up as Recovery Gains Steam

As the seniors housing industry slowly recovers from occupancy declines and disrupted operations due to COVID-19, investors are back in the market hunting for deals. Some $3.2 billion in seniors housing and care facilities traded hands in the second quarter…

Using Technology to Address Challenges Exposed by COVID

COVID-19 made clear the need to overhaul technology capabilities in senior living facilities everywhere. The next wave of senior care’s tech evolution will encompass what the pandemic highlighted: a need for technologies that not only enhance residents’ physical safety, but…

In the Seniors Housing Sector, a Sense of Recovery is Growing

For more than a year, seniors housing operators have battled rising vacancy, pressure on net operating income and uncertainty about the future as potential residents steered clear from property tours and lease commitments. Those difficulties have created a tough financing…

M&T Provides $36M in Financing for Three Seniors Housing Communities

FARMINGTON, Conn., CHELSEA, Mass. and OREGON — The M&T Realty Capital Corp. (MTRCC) Seniors Housing Team has provided three financing transactions for seniors housing communities totaling $36 million. In the first transaction, M&T provided a $7.1 million FHA-insured loan for…

Post-Pandemic Considerations for Acquisitions and Renovations

By Sarah Daniels Planning ahead is never easy, but in the world of senior living construction, acquisitions and renovations, it makes everything that follows easier — and often more cost effective in the long term. The need to future-proof seniors housing…

Personalizing Wellness: Using Data to Promote Resident Health

Seniors housing technology has long been focused on health and safety — keeping residents safe from falls, managing medicines and addressing health changes that require a doctor’s oversight. But the future of seniors housing may lie more in the direction…