Although these funds collectively have raised billions of dollars, they are in no hurry to spend the capital amid dicey market conditions. By Bendix Anderson Talk about patient capital. Many private equity funds, flush with hundreds of millions of dollars,…
United Church Homes grows to be one of the largest nonprofit providers while keeping true to its century-old roots in compassionate care. By Jeff Shaw At 106 years of age, United Church Homes (UCH) is still trying to operate by…
By Matt Valley Six lending professionals recently gathered on stage at the Omni Los Angeles to participate in a panel discussion that was both a two-year retrospective on COVID-19 and a deep dive into some of today’s hot-button issues affecting…
Operators experiment with new programming and design ideas while redoubling their commitment to traditional person-centered care. By Jane Adler Despite suffering big pandemic-related occupancy losses, the memory care segment is focused on the future as it rebuilds its census. Operators…
Today’s seniors and their families demand video streaming and ubiquitous Wi-Fi, and operators need the infrastructure to handle it. By Eric Taub As a new generation of Americans age and begin to move into assisted living, the old tale that…
Safety, luxury and socialization all take on new meanings as marketing and sales teams change their approaches from pre-pandemic times. By Jeff Shaw March 2020 represented an abrupt and dramatic shift in how seniors housing units were sold to prospective…
Building ‘a Better Mousetrap’ By Jeff Shaw Elevate Senior Living is a company with one goal in mind: make seniors housing affordable for middle-class people. The introductory press release for the company — which also revealed the groundbreaking of its…
After a major drop in seniors housing loan production in 2020 resulting from COVID-19, the agencies nearly hold the line in 2021. By Jeff Shaw After a significant decline in deal volume in 2020, both Freddie Mac and Fannie Mae…
Some investor types have doubled down while others have fled seniors housing as the COVID-19 pandemic enters its third year. By Jeff Shaw COVID-19 has changed many investors’ approaches to the seniors housing sector. The pandemic caused a major shift…
A variety of partnerships and lease structures present many options for landlords and tenants to both benefit. By Jeff Shaw In the retail real estate world, triple-net leases are king. Under this standard agreement, the tenant is responsible for all…
By Matt Valley Time is running short for operators of underperforming properties trying to shake off the negative impact of COVID-19 on occupancy and revenue, said Chuck Hastings, vice president of finance and business development for Juniper Communities. “In 2022,…
Architects adjust their designs for incoming baby boomers, better infection control. By Jeff Shaw Most often, when it comes to planning for the future of the seniors housing industry, it’s considered from the angle of operations — the adjustments that…
The pandemic has proven that scale matters as the big not-for-profit providers get bigger and follow through on expansion plans. By Jane Adler Like their for-profit counterparts, nonprofit senior living providers face many of the same pandemic-related market dynamics. Consolidation…
Deal volume of nearly $4 billion in FY 2021 helped fill void during pandemic. By Matt Valley Amid an extremely challenging operating environment for the seniors housing industry and a difficult underwriting situation for lenders due to the pandemic, one…
Senior living communities grapple with a severe worker shortage, responding with innovative approaches and programs. By Jane Adler “Help Wanted!” “Now Hiring!” The urgent signs posted everywhere from grocery stores to job boards reveal the depth of the labor shortage…
General contractors continue to innovate and complete projects despite COVID-caused headwinds. By Jeff Shaw We’re all familiar with the headlines by now: construction materials prices are at record highs, and nearly every industry has a shortage of workers, dealing a…
Emerging out of the pandemic are some unique tech tools that have become part of everyday life at many senior living communities. By Eric Taub It’s often said that seniors and technology don’t mix. Whether it’s remembering how to use…
Favorable demographic trends and the sector’s strong performance during the pandemic have helped attract capital, says InterFace panel. By Matt Valley Aron Will refers to active adult as the “chameleon asset class” because it exhibits characteristics of both the multifamily…
Newer senior living developments feature environmental sustainability, amenities and services far beyond the residences of the past. By Jeff Shaw The development strategy for affordable seniors housing of the past seemed to have one overarching goal: Don’t spend too much.…
Strategies of the industry’s biggest publicly traded owners range from billion-dollar purchases to exiting seniors housing altogether. By Jeff Shaw Publicly traded seniors housing REITs have experienced a roller coaster ride over the past 18 months. Stock prices soared in…
With operational history in its front office, the publicly traded REIT is succeeding where others have feared to tread — skilled nursing. By Jeff Shaw The skilled nursing sector faces some unique headwinds. As the most healthcare-heavy form of seniors…
Life plan communities outperform other types of seniors housing amid the pandemic due to an increased focus on choice and long-term residents. By Jeff Shaw The 2008 housing market crash, also known as the Great Recession or Global Financial Crisis,…
Seniors housing specialists must consider physical and aesthetic needs of many parties, and design choices can even help with infection control. By Jeff Shaw Interior design for seniors housing is a tricky proposition. A room’s layout, lighting, colors and furniture…
Occupancy issues create underwriting headaches, slower approval process, but pipeline remains active. By Matt Valley The emerging consensus among lenders in HUD’s Section 232 mortgage insurance program for healthcare properties is that total deal volume in fiscal year (FY) 2021…
Despite a pandemic-induced pullback in lending volume, the agencies remain committed for the long term to borrowers in need of debt financing. By Jeff Shaw Many parts of the seniors housing industry slowed as a result of the COVID-19 pandemic,…
Seniors housing lending isn’t dormant, but lenders and borrowers alike rethink their strategies as the pandemic continues. By Jeff Shaw The COVID-19 pandemic has been a shock to the entire seniors housing industry at every level, and capital providers in…
The largest developer of multifamily communities in the United States tries to bring fresh ideas to seniors housing. By Jeff Shaw While seniors housing carries more operational risk and complexity than other commercial real estate asset classes, the property sector…