From The Magazine

Demographic shifts prompt developers to focus on fast-growing cities in the South and West to attract new residents.  Which markets are hot? While developers scour the Mountain West and Mid-Atlantic states for promising sites, one senior living investor likes the somewhat unlikely spot of Rockford, Illinois.  LTC Properties (NYSE: LTC), a real estate investment trust, has provided a construction loan for The Courtyard at Loves Park, a 116-unit senior living project under development in Loves Park, Illinois, a suburb of Rockford. The mid-size, Midwestern city with a rocky history after the …

The consensus among lenders in the U.S. Department of Housing and Urban Development’s LEAN healthcare mortgage insurance program is that loan volume in fiscal year (FY) 2025 will surpass the prior year’s total of $3.1 billion due to a combination of factors. The lending program, which stems from Section 232 of the National Housing Act, plays a vital role in helping finance nursing homes and assisted living facilities. HUD LEAN is a streamlined program for processing Section 232 applications. “Lending volume should only rise in 2025,” predicts Sampada D’silva, chief …

Many nonprofit organizations will likely be forced to sell seniors housing properties and skilled nursing facilities over the next year after succumbing to years of high costs and slowly recovering occupancies. Several have already come to the closing table. Smaller nonprofits — organizations that own one or two properties — have been especially hurt by the economic fallout from the COVID-19 pandemic that struck the seniors housing and care industry in early 2020. Numerous federal, state and local pandemic programs that provided support expired over the last two years. Meanwhile, …

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 …

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. …

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 …