Capital Stack Shifts

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

Company Profile: Alliance Residential Breaks New Ground

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

Debt-Financing Trends Encouraging for Borrowers

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

Waiting on an M&A Rebound

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

Marketing Culture Shock

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

New Technologies Help Blunt Impact of Pandemic

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

Lending and Equity Sources Begin to Open Up

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

Active Adult Faces Major ‘Stress Test’

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

Pandemic Shakes Up Acquisitions Landscape

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. 

COVID-19 Disruptions Negatively Impact Valuations

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,

Architects’ Inventiveness on Display

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

The Labor Puzzle

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

Low Interest Rates Lift Fortunes of HUD Lenders

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

How to Adapt for COVID-19

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

The Elephant in the Room

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

COVID-19 Disruption Takes a Toll on Property Sales

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

The Adaptive Reuse Gamble

Despite the significant challenges of converting old buildings into seniors housing, developers roll the dice and build a more inviting product. By Jeff Shaw Because of the special needs of the sector, seniors housing developers nearly always say they prefer

Are You Technologically Prepared?

COVID-19 resulted in a sudden increase in demand for internet connectivity in seniors housing — catching some operators flat-footed. By Jeff Shaw The effects of the COVID-19 pandemic on seniors housing were sudden and dramatic. We’ll likely continue to feel

Memory Care Sector Slowly Heals

As developers dial back on new supply and absorption continues at a healthy pace, the vacancies begin to recede. By Bendix Anderson The phone continues to ring at the leasing office at Woodside Place of Washington in Washington, Pa., even

Company Profile: Anthem Memory Care

Anthem experiences huge occupancy growth as the company champions the importance of standalone memory care. By Jeff Shaw Standalone memory care has been through the wringer in recent years.  Although nearly every assisted living community now includes some memory care

Pandemic Forces Buyers, Sellers To the Sidelines

Softening real estate fundamentals combined with facility lockdowns stymie deals. By Matt Valley The longer the COVID-19 pandemic goes, the bigger the toll will be on investment sales activity, say commercial real estate finance professionals. PGIM Real Estate early this

Seniors Housing Goes Into Capital Preservation Mode

COVID-19 outbreak slows transactions, forces companies to take defensive posture. By Matt Valley The stabilization of the U.S. economy and its pace of recovery is inextricably linked to the speed at which the spread of the COVID-19 pandemic can be contained,

Foreign Investors Play the Long Game

Overseas buyers take an increasingly measured approach to U.S. seniors housing industry by cultivating partnerships with seasoned operators. By Jane Adler  Cautious. Selective. Patient. These three words characterize today’s overseas capital sources seeking investments in U.S. seniors housing and skilled

What’s Old is New Again

In the face of growing competition, assisted living owners and operators are renovating and repositioning their aging properties. By Jane Adler Over the last few years, the construction boom that delivered thousands of new senior living units to the market

The Great Medicare Advantage Experiment

As senior living providers pursue partnerships in the healthcare industry, here are five critical points to keep foremost in mind. By Jane Adler With owners and operators of senior living properties serving an increasingly frail population of elders, Medicare Advantage

A Good Hill to Try On

Seniors housing professionals seek solutions to affordability, labor shortages and more through legislative lobbying and legal means. By Jeff Shaw The challenges of owning and operating seniors housing are not news to anyone in the industry, but the solutions may

Active Adult Segment: Gamble or Sure Bet?

Insiders weigh the odds of success for this emerging product type. By Jane Adler Win or lose, investors and developers are placing big bets on the newly emerging product category of active adult rental communities. Aimed at the huge cohort