Industry Voices

Dual Appraisal Methods Improve Opportunities to Get Fair Taxation for Seniors Housing Properties

by Hayden Spiess April 16, 2025

By Phil Brusk and Caleb Vahcic The seniors housing sector can’t seem to catch a break. Owners grappling with staffing shortages and other operational hardships lingering from the pandemic are facing new challenges related to debt and spiraling costs. High interest rates and loan maturations loom over the industry, with $19 billion in loans coming due within the next 24 months, according to Cushman & Wakefield’s “H1 2024 Market Trends and Investor Survey” on senior living and care. Factors driving high costs include wage pressures, inflation and — incredibly — …

April 16, 2025

Ikaria Capital Group’s $1.5B Bridge-to-HUD Deal Pipeline is Newly Launched Firm’s Meal Ticket

by Hayden Spiess April 9, 2025

Jason Dopoulos and Ken Gould, co-founders of Cleveland-based Ikaria Capital Group, have ambitious plans for their fledgling company, which specializes in financing skilled nursing and seniors housing facilities. The duo is intent on their firm becoming the No. 1 lender in HUD’s Section 232 program, which provides mortgage insurance for residential care facilities such as assisted living facilities and nursing homes. “We want to be the No. 1 HUD lender within three years. We want to do $1 billion to $1.5 billion of bridge loans a year, and we want …

April 9, 2025

Features Industry Voices

Architect Q&A: Designing for Health and Human Experience

by Hayden Spiess March 28, 2025

Founded in 1954 and based in Hamilton, New Jersey, Spiezle Architectural Group is a firm that provides architecture, interior design, construction, furniture procurement, engineering and landscape design services. With 120 employee-owners, the firm operates out of five offices and offers design services nationwide and internationally. Seniors Housing Business spoke with Steve Leone, a principal at the firm, to hear about Spiezle, its approach to acute healthcare and senior living projects and Cathedral Village, a project in Philadelphia. SHB: Spiezle provides a variety of services including architecture, interior design, construction services, furniture procurement, …

March 28, 2025

Industry Voices

Question of the Month: What was the biggest surprise or story in seniors housing in 2024, and what will be the biggest surprise or story in 2025?

by Hayden Spiess February 18, 2025

Decline in Construction Starts By Curtis King, Executive Vice President, HJ Sims The most significant seniors housing story of 2024 was the continued decline in construction starts, a trend that began in 2022, driven largely due by the lack of development financing. In 2025, the biggest story will be improved operating performance from rising real rental rates and occupancy levels due to the lack of new inventory. This improvement will set the stage for capital inflows in 2026, fueling a new wave of development. Inventory Gap Projections By Tayla Nevo-Hacohen, …

February 18, 2025

Industry Voices

Engaged by Design: Outdoor and Community Amenities Help Seniors Housing Residents Thrive

by Hayden Spiess February 14, 2025

By Shawn Reed, FK Architecture A focus on wellness and lifestyle is among the top 10 senior housing trends for 2025, according to the Seniors Blue Book. With an increased focus on wellness spaces, community gardens and outdoor areas that can be utilized for different activities, seniors now have more opportunities to live healthier, more satisfying lives. Landscape architects are uniquely suited to provide ways for seniors to experience the outdoors in a safe, accessible way. Ideally, this involves targeted, evidence-based design that emphasizes connection to nature while meeting seniors’ …

February 14, 2025

Industry Voices Operations Technology

The Power of EHR Design: Staff Satisfaction, Improved Care

by Hayden Spiess December 17, 2024

By Erez Cohen, August Health In collaboration with the American Seniors Housing Association (ASHA), August Health recently published a survey of clinical leaders from senior living operators across the nation. The report included findings on gaps in clinical reporting, strategies for fall reduction, and new care models and technologies. One recurring theme though, was that of the challenges around staffing — hiring, retaining, training and improving the quality of senior living professionals. It is unsurprising that clinical leaders report so many issues around staffing. Caregivers face an environment that can be stressful, …

December 17, 2024

Industry Voices

Exceptional Dining: A Key Ingredient for a Fulfilling Lifestyle

by Hayden Spiess November 27, 2024

Nothing shapes — or caps off — an enjoyable day quite like an extraordinary meal served in comfortable surroundings. And nothing fuels an active, engaged lifestyle like dishes made from the finest ingredients and prepared with the utmost care. Many of the most cherished experiences are shared amid a delicious meal with family and friends. This is true of seniors housing communities, where the opportunity to eat with friends and neighbors in a relaxed atmosphere is one of the primary benefits. At the senior living communities where we work, creating these …

November 27, 2024

Brian-Chandler_Partner-Valuation-Advisors

Acquisitions Assisted Living Features Finance Independent Living Industry Voices Investment Memory Care

Seasoned Appraiser: Buyer-Seller Standoff Eases, Transaction Activity Picks Up

by Hayden Spiess November 20, 2024

For over two years, a persistent bid-ask spread between buyers and sellers of seniors housing properties prevented many deals from getting done. Seniors Housing Business (SHB) caught up with Brian Chandler, senior managing director and national practice leader for seniors housing for Raleigh, N.C.-based Partner Valuation Advisors. As an appraiser in the seniors housing and care sector, he is privy to in-progress deals months before closing, including transaction data. He says a growing number of buyers and sellers are agreeing to close transactions and shares more here. SHB: Some experts say a growing number …

November 20, 2024

Industry Voices Technology

Question of the Month: Technology Improvements

by Jeff Shaw October 25, 2024

How are you using technology to lower expenses, increase revenue or otherwise improve profit margins? Tracking equals success By Bennett Porson, Chief Financial Officer, Fynn.io While our clients’ rent levels are confined to tight windows of gradual upticks, proper care scheduling, delivery and billing have proven to significantly improve their NOIs. These communities’ bottom-line improvements have been driven by effectively managing resident care and recouping care charges that would have otherwise gone undocumented and unbilled. The process begins with automated assessment-to-care plan workflows and extends to real-time actionable data. Our …

October 25, 2024

Finance Industry Voices

Industry Survey Finds Maturing Debt Poses Concern

by Jeff Shaw October 16, 2024

By Charlie Shoop In recent years, our economy has weathered rising interest rates and labor shortages, proving to be tough challenges for the seniors housing sector. Despite these hurdles, two-thirds of seniors housing owners, operators and other professionals responded optimistically to a survey about the current direction of the industry. KeyBank Real Estate Capital surveyed a group of seniors housing owners, operators, investors, investment bankers, lenders and brokers in late 2023 to understand their perspectives on the current state of their businesses and the industry at large. Respondents were most …

October 16, 2024

Newer Posts

Older Posts