In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week:
Freddie Mac Unveils New Senior Housing Product, Greystone First to Market—Freddie Mac released a revolving credit product specific for senior housing borrowers. Greystone was the first to secure the credit facility for a developer client, in the amount of $150 million.
Assisted Living Expected to Continue Its Senior Housing Reign in 2014—Despite a rising rate environment and other headwinds for commercial real estate in 2014, analysts expect assisted living will continue to grow in the coming year.
Wireless Monitoring Tech Will Be Huge in Senior Living, Providers Say—Traditionally used in home care settings, senior living providers that employ wireless monitoring technology say they are seeing a huge return on investment, according to findings from a Healthsense survey of providers.
Top 5 Senior Living Design Must-Haves For 2014—From customization to accommodating Zipcars, the expert judges panel from SHN’s first-ever Architecture & Design Awards shared their must-have design features for 2014.
American Realty Capital Buys Senior Housing Property for $71 Million—American Realty Capital announced it has acquired a Class A senior housing community in Katy, Texas, purchased for $71.25 million from Formation Development Group, LLC and affiliates of The Carlyle Group.
Written by Elizabeth Ecker