The nonprofit continues to leverage acquisitions, affiliations, technology and philanthropy to expand its seniors housing and aging services footprint across the country. When it comes to business names, Transforming Age aptly and succinctly describes the purpose of the nonprofit organization based in Bellevue, Washington. Sure, the nonprofit operates 75 market rate and affordable seniors housing properties as well as 13 active adult assets in a handful of Northwest, West and Midwest markets. But housing is merely one part of its broader mission to improve the lives of older adults through …
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PHILADELPHIA — Despite industry-wide improvement in operating performance, many senior living providers are still finding it difficult to secure bank financing. Kathleen Shields, founder and president of Health Financing Consultants, says there are three root causes of the problem, starting with insufficient cash flow. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “Operators have done a good job of pushing through [rental] rate increases in order to keep up …
When it comes to operational performance, a bifurcation has emerged within the seniors housing industry, observes Tom Grape, CEO of Waltham, Massachusetts-based Benchmark Senior Living. Established, well-capitalized operators with strong teams in place are hitting their marks while many smaller, less established ones are struggling financially. Grape’s insights came during a Dec. 12 webinar titled “2025 Seniors Housing Outlook: Investment, Valuations & Capital.” Seniors Housing Business hosted the hour-long online event, which was sponsored by CBRE. Benchmark, Grape’s company, ranked No. 31 on the American Seniors Housing Association (ASHA) list of the 50 largest …
Webinar — 2025 Seniors Housing Outlook: Investment, Valuations & Capital
The Dec. 12 webinar “2025 Seniors Housing Outlook — Investment, Valuations & Capital,” sponsored by CBRE, featured expert insight on issues shaping the seniors housing sector. The panel discussion covered investment outlooks, the impact of inflation, capital availability, labor stability and regulatory concerns. This webinar brought together industry leaders to discuss critical economic factors, value-based care and development opportunities in the ever-changing seniors housing landscape. The discussion offers a detailed analysis of operational challenges facing the sector, including rising insurance costs and regulatory headwinds. Before 2025 begins, learn more about …
Value-based care provides an opportunity to improve patient outcomes, lower costs and potentially share in the savings, say industry experts. Primarily created as a hospitality model, seniors housing is inching its way into the complex world of healthcare management and insurance payments. Operators are adopting a variety of approaches to address the health needs of residents through value-based care arrangements. What is value-based care? Unlike the traditional Medicare fee-for-service payment model, value-based care pays healthcare providers to keep people healthy and to prevent health emergencies that require expensive hospital visits. …
PHILADELPHIA — The investment market for seniors housing is in a favorable position heading into the new year thanks to a confluence of factors, says Scott Corbin, director at Boston-based AEW Capital Management. The firm has roughly $3 billion in assets under management within this niche property type. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “We’ve seen a full rebound in recovery. We’re not necessarily back …
From ground-up development to renovations, this new wave of projects aims to connect seniors more fully with their surroundings. As the seniors housing industry matures and evolves to meet the needs of a changing customer, so too does the design of the communities. Outdoor spaces have become more vital than ever before as new research emerges about the power of natural sunlight. Architects are integrating technology into design with the goal of creating environments that not only enhance the resident experience but also support operational efficiencies. Meanwhile, staff break rooms …
For over two years, a persistent bid-ask spread between buyers and sellers of seniors housing properties prevented many deals from getting done. Seniors Housing Business (SHB) caught up with Brian Chandler, senior managing director and national practice leader for seniors housing for Raleigh, N.C.-based Partner Valuation Advisors. As an appraiser in the seniors housing and care sector, he is privy to in-progress deals months before closing, including transaction data. He says a growing number of buyers and sellers are agreeing to close transactions and shares more here. SHB: Some experts say a growing number …
With Seniors Housing Positioned for Growth, Financing Activity Begins to Stir
Slowly but surely, the performance of seniors housing assets is improving. While rent growth in 2022 in the sector represented a period of catch-up after the pandemic stymied the ability of operators to raise lease rates, continuing rent increases in 2023 began contributing to more meaningful net operating income recovery, according to Walker & Dunlop’s recently released Seniors Housing Outlook report. Now, seniors housing owners are positioned for a sustained period of significant revenue expansion amid improving occupancy and a shortfall of new inventory, reports the Bethesda, Maryland-based commercial real …
NEW YORK CITY — Lightstone Capital has hired industry veteran Perry Freitas as managing director of originations. In his new role, Freitas will lead the nationwide sourcing, structuring and originating of commercial real estate debt investments as part of Lightstone Capital’s growth strategy. Prior to joining Lighthouse Capital, Freitas spent the last two decades at Hudson Realty Capital, a New York City-based commercial real estate investment management firm, where he most recently served as a managing director. He was involved in over $4 billion in transactions and was directly responsible for originating, …