Category: Finance and Development

In the Pipeline: Senior Housing Construction Projects (5/26/16)

ShavanoPark (16 of 35) Entry

(Shavano Park Senior Living, an assisted living and memory care community in San Antonio, Texas — Photo courtesy of Pi Architects) Construction: Planned O’Reilly Development, Arrow Senior Living Gain Approval for $30 Million Mo. Project Springfield, Mo.-based O’Reilly Development and St. Charles, Mo.-based Arrow Senior Living Read More »

Senior Housing Finance Activity: CBRE, Grandbridge

Hunt Mortgage Group Finances 19-Property Multifamily Portfolio in California New York City-based Hunt Mortgage Group, which finances commercial real estate across the United States, closed on a complex multifamily portfolio deal, placing 19 individual Freddie Mac Small Balance loans on 19 properties located throughout the Read More »

Top 3 Updates to HUD’s Senior Housing Lending Platform

Senior housing companies may soon have a number of new financing options through the popular Section 232 program, thanks to a proposal recently released by the Department of Housing and Urban Development (HUD).  In the days since HUD first released its new draft Handbook containing Read More »

Task Force: Health Care, Housing Connection Will Solve Aging Crisis

The connection between housing and health care will be paramount to solving problems associated with the impending aging crisis, especially when it comes to the future of affordable senior housing, according to a report issued this month by the Bipartisan Policy Center’s Senior Health and Read More »

New Joint Venture Launches 14-Property Senior Housing Pipeline

A real estate investment business deeply involved in the student housing and multifamily sectors is staking a bigger claim in senior living through a new joint venture to develop 14 communities. CA Senior, LLC (CAS), the senior housing platform of Chicago-based real estate investing and Read More »

In the Pipeline: Senior Housing Construction Projects (5/19/16)

Photo 2

(Project rendering of Nakoma Sky, a 79-acre desert resort senior living community in Oro Valley, Ariz. — Photo courtesy of three: living architecture) Construction: Planned three: living architecture Designs 79-Acre Senior Living Campus La Posada, a non-profit owner and operator of senior living properties, has engaged Read More »

Former Senior Lifestyle Exec Adam Kaplan Launches New Senior Living Company

Former Senior Lifestyle Corp. executive Adam Kaplan is in the process of launching a new senior living company: Solera Senior Living. The company is preparing to launch as a developer of senior living communities in high barrier to entry markets, Kaplan tells SHN. He will Read More »

Senior Housing Finance Activity: Welltower’s $3.7 Billion Credit Facility

Welltower Announces Closing of Expanded $3.7 Billion Unsecured Credit Facility Toledo, Ohio-based real estate investment trust (REIT) Welltower Inc. (NYSE: HCN) announced it has closed an approximate $3.7 billion unsecured credit facility, consisting of a $500 million term loan, a $3 billion revolving line of credit and Read More »

New HUD Financing Proposal Offers ‘Tremendous Opportunity’ for Senior Housing

Source: HUD Handbook 4232.1 Rev 1 DRAFT

Senior housing companies may soon find it easier to obtain financing through the U.S. Department of Housing and Urban Development (HUD), thanks to changes that the agency has proposed in a new draft handbook for the Section 232 Healthcare Mortgage Insurance Program. Assisted living and Read More »

Senior Living Nonprofits Remain Bullish Despite Looming Threats

Screen Shot 2016-05-12 at 12.50.35 PM

Executives at not-for-profit senior living companies are largely optimistic about the economy and are pursuing expansion plans, positioning for growth as they face increased competition from for-profit peers and other threats. Compared with last year, 41% of nonprofit executives are more optimistic about the current economic outlook, Read More »