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 …
Finance
NEW HAVEN, Conn. — HJ Sims has closed $45.8 million in financing for The Mary Wade Home, a healthcare facility in New Haven that offers a skilled nursing center, residential care home services, adult day medical health center, physical rehabilitation and transportation services.