The Federal Housing Finance Administration’s (FHFA) recent decision to maintain healthy multifamily purchase volumes for Fannie Mae and Freddie Mac calmed market uncertainties over capital availability for the remainder of 2019 and 2020, which had increased loan spreads by 30 to 50 basis points over the summer. The decision also addressed similar uncertainties in the seniors housing industry and, to some degree, growing concerns over affordability. Both were hot topics at the National Investment Center for Seniors Housing and Care’s fall conference in mid-September, and M&T Bank’s healthcare banking and …
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SAN DIEGO — A panel of nonprofit seniors housing owner-operators has revealed what it believes to to be the keys to success — entering into partnerships with other organizations on a selective basis and providing community-based services outside the seniors housing properties’ walls.
ANNAPOLIS, Md. — Seniors housing occupancy increased to 88 percent in the third quarter of 2019 from its lowest level in eight years (87.7 percent) recorded during the previous quarter, according to data from the National Investment Center for Seniors Housing & Care (NIC).
CHICAGO — Riding the strength of a strong labor market and robust consumer spending, the U.S. economy remains healthy, asserts former Federal Reserve Chair Janet Yellen. But she cautions that a weak business investment climate, fallout from President Donald Trump’s escalating trade war with China and the slowdown in the global economy have led to increased downside risks to the near-term outlook.
ATLANTA — Seniors housing operators and developers are facing pressure to adapt as a new category of lower-acuity housing rises in popularity. The new player in the seniors housing game — active adult — is undercutting independent living developers by appealing to a slightly younger population of empty nesters and retirees.