WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) has released production data for its FHA 232 mortgage insurance program, which finances seniors housing properties, for the 2019 fiscal year ending Sept. 30.
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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.