Thursday, April 25, 2024
Read the Magazine Subscribe

Content Partners

Taseff seniors housing Keybank sponsored
Content PartnersFeaturesFinanceIndustry ContentInvestmentKeyBank

Investment, Financing in Seniors Housing Driven by Property Performance

by Sarah Daniels

If there were one phrase to summarize the attitude of seniors housing investors and lenders in 2022, it would be “cautiously optimistic.” How quickly can the seniors housing industry hope to recover in the face of continued difficulties? What is likely to drive the financing and investment market? While difficulties due to COVID and labor shortages continue to create challenges in terms of immediate occupancy, strong demand fundamentals and a healthy appetite for seniors housing investments indicate a return to normality is possible in 2022, according to Brandon Taseff, senior …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceM&T Realty Capital CorporationNewsPeople

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

by Jeff Shaw

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. He will be responsible for external customer and capital relationships, including continuing his previous work leading the organization’s relationships with Fannie Mae and Freddie Mac. Edelman, a six-year veteran of M&T, will also focus on growing the FHA and life co-placement platforms as well as enhancing M&T Realty Capital Corp.’s …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ingrid Svensson staffing technology
CCRCContent PartnersIndustry ContentOperationsPeopleSkilled NursingTechnology

Streamlining Workflows in Post-Acute Care via Electronic Health Record Software

by Sarah Daniels

Balance and efficiency in seniors housing have always been the hardest-to-achieve goals of the post-acute care continuum. Electronic health record (EHR) software, integrated with existing technologies, can both promote consistency and save staff time. Once fully integrated, care platforms can create a cascade effect where purpose-built technologies improve the system of care: easier interfaces improve health records, analyze resident data and predict problems before they happen. Better records and data analytics save staff time and effort, so they can focus on improving care. Applying Technology to Post-Acute Issues Post-acute EHR …

Continue Reading
0 FacebookTwitterLinkedinEmail
Steve Muth sales volume seniors
Content PartnersFeaturesFinanceIndustry ContentInvestmentM&T Realty Capital Corporation

Improving Seniors Housing Sector Fuels Anticipation of Financing Rebound in 2022

by Sarah Daniels

A COVID-19 hangover has tested seniors housing in 2021. Low occupancy rates along with staff shortages, rising expenses and other conditions have not only created a difficult operating environment, but they also have dampened financing activity as owners have delayed putting properties on the market or seeking refinancing. As fundamentals continue to improve, however, seniors housing finance experts are looking forward to a busier 2022. A significant rebound in demand combined with limited new supply helped push the average seniors housing occupancy rate to above 80 percent nationally in the …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceM&T Realty Capital CorporationMemory CareNewsOregon

M&T Realty Capital Provides $20M Financing for Memory Care Facility in Portland

by Jeff Shaw

PORTLAND, Ore. — M&T Realty Capital Corp. has arranged a $20 million FHA-insured loan to refinance a 98-unit memory care facility in Portland. The loan was completed under the U.S. Department of Housing and Urban Development (HUD) Federal Housing Authority (FHA) 232/223(f) program. At a 80 percent loan-to-value ratio, the non-recourse, 35-year, fully amortizing loan with a fixed interest rate below 2.4 percent refinanced M&T Realty’s bridge loan. Located within a designated Opportunity Zone, the FHA application was given priority treatment within the FHA queue resulting in the bridge loan …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceM&T Realty Capital CorporationNewsWashington

M&T Realty Capital Provides $20M in Financing for Seniors Housing Property in Washington State

by Jeff Shaw

SEATTLE — M&T Realty Capital Corp. has funded a $20 million Freddie Mac Optigo conventional loan to refinance a 90-unit, 92-bed seniors housing property located in the Seattle metro area. The non-recourse loan carries a 10-year term, fixed interest rate, five years of interest-only payments and a 30-year amortization period. The property maintained healthy occupancy during the COVID-19 pandemic and occupancy had climbed above 91 percent at the time of closing. The property features a mix of independent living, assisted living and memory care units. Steve Muth of M&T Realty …

Continue Reading
0 FacebookTwitterLinkedinEmail
Steven Muth Seniors stabilization M&T
Content PartnersFeaturesFinanceIndustry ContentInvestmentM&T Realty Capital CorporationOperations

Seniors Housing Owners Have an Opportunity to Build a Bridge to Stability

by Sarah Daniels

Seniors housing owners struggling with low occupancy and maturing debt have found themselves in a state of financing limbo. Preferred lenders that cater to the industry, including FHA/HUD, Fannie Mae and Freddie Mac, won’t consider providing a mortgage to properties that are not stabilized. Operators need time to remedy the problem amid COVID-19’s detrimental influence on resident recruitment and other operations. The situation is particularly challenging for developers who have recently completed projects but are experiencing longer-than-anticipated lease-up periods and may not have qualified for any federal aid programs. What’s …

Continue Reading
0 FacebookTwitterLinkedinEmail
KeyBank Seniors Housing Sales Shoop
AcquisitionsContent PartnersFeaturesIndustry ContentInvestmentKeyBank

Seniors Housing Sales Pick Up as Recovery Gains Steam

by Sarah Daniels

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 this year, a year-over-year increase of a whopping 122 percent, according to Real Capital Analytics, which tracks real estate deals of $2.5 million or more. The jump in sales is hardly surprising when compared to the pandemic-riddled prior period. But unlike past downturns, the fact that seniors housing has become …

Continue Reading
0 FacebookTwitterLinkedinEmail
Direct Supply seniors housing technology
Affordable HousingAssisted LivingContent PartnersFeaturesIndependent LivingIndustry ContentOperationsPeopleTechnology

Using Technology to Address Challenges Exposed by COVID

by Sarah Daniels

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 their holistic wellbeing as well.  The pandemic also brought to light a renewed focus on the importance of integrated technologies that improve staff efficiencies. As we explore the next generation of senior living’s technology evolution, it’s important to remember the foundation to all technology advancements: reliable Wi-Fi. The ability to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pipitone M&T seniors housing industry
Active AdultAffordable HousingAssisted LivingContent PartnersFeaturesFinanceIndependent LivingIndustry ContentInvestmentM&T Realty Capital Corporation

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

by Sarah Daniels

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 environment for the segment. But a growing number of seniors housing discussions today are centered on how operators and the industry are recovering, according to Christopher Callaghan, head of healthcare banking at M&T Bank. To what degree a recovery is occurring, however, depends on several variables. “There is still a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts