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…
By Matt Valley With mass vaccination efforts in the fight against COVID-19 well underway across the country and the economic clouds beginning to lift, the lending outlook for seniors housing has brightened considerably in recent months, say industry professionals. “If…
COVID-19 pandemic froze property sales in 2020, and experts say the big thaw likely won’t occur until occupancy improves. By Jeff Shaw U.S. seniors housing property and portfolio sales ground to a halt in 2020, with a total transaction volume…
Sales teams are forced to rework the way they do everything in the light of pandemic lockdowns and restrictions. By Jeff Shaw When outbreaks of COVID-19 rocked the United States starting in early 2020, Americans were hit with a barrage…
Operators leverage advancements in COVID-19 testing, telehealth and social media to protect mental and physical well-being of residents. By Eric Taub While the COVID-19 pandemic forced the nation to institute physical isolation to save lives, it’s a tragic irony that…
Although underwriting is more stringent than before the pandemic, lenders and investors are still showing a strong interest in seniors housing. By Jeff Shaw Seniors housing has clearly endured a rough ride as a result of the COVID-19 pandemic. But…
Despite increased competition and delays in construction and lease-up due to COVID-19, developers remain bullish on the sector. By Jeff Shaw The relatively new segment of rental active adult housing has many developers interested, but hesitant. The sector targets baby…
REITs sell off portfolios while other investors pursue distressed assets amid record-low occupancy. By Jeff Shaw When the COVID-19 outbreak hit the U.S. with full force last March, investors in the seniors housing sector had some difficult decisions to make. …
By Matt Valley Property valuations have decreased 5 to 10 percent overall across the seniors housing industry due to the operational disruptions caused by the COVID-19 pandemic. That’s the expert opinion of Imran Javaid, managing director of BMO Harris Bank,…
Building designers consider urban integration, sustainable features and even build in vacant parking lots to reflect the future trends of seniors housing. By Jeff Shaw As the seniors housing industry matures in all facets, architects are on the front lines…
Operators piece together creative solutions to one of the industry’s toughest problems — recruiting and retaining quality employees. By Jeff Shaw Recruiting and retaining quality employees on the front lines remains one of the biggest challenges facing the seniors housing…
Deal volume in FY 2020 reached $4.3 billion, up 17 percent from the previous year. By Matt Valley Despite the COVID-19 pandemic, lenders in the U.S. Department of Housing and Urban Development’s Section 232 healthcare mortgage insurance program closed $4.38…
Interior designers in the seniors housing sector place greater emphasis on antimicrobial materials, socially distant layouts and outdoor spaces. By Kristin Hiller Interior designers within the senior living space say they’ve always considered health and wellness as an integral part…
Seniors housing branding needs to answer an uncomfortable, but obvious, question: Will my parents be safe here? By Lynn Peisner Senior living has been weathering a public relations fiasco since March. Media portrayals of senior communities as hotbeds of coronavirus…
By Matt Valley Make no mistake about it, transaction volume in the seniors housing investment sales market has been significantly hampered by COVID-19, the respiratory disease linked to 197,000 deaths nationally as of Sept. 17. Year-to-date through July, property and…