As national and larger regional banks continue to conservatively underwrite acquisition and construction financing, senior housing developers are turning to a host of other options to put together their capital stacks. Mezzanine lending and preferred equity are popular vehicles for borrowers looking for non-recourse lending. Debt funds are another option for borrowers seeking flexibility capital. […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned Benchmark Plans Assisted Living Expansion at New Hampshire Community Benchmark is adding new assisted living apartments at its Benchmark Senior Living […]
Back in April, I observed that capital is pouring into the home care sector, and that senior living providers need to be alert to threats and opportunities posed by growth and innovations in at-home care. So, I’m not surprised that there’s an emerging trend of senior living providers starting or expanding at-home care business lines. […]
With Covid-19 challenges receding, senior living providers are now facing another crisis: margin compression, driven mainly by sharply rising labor costs. “I would argue that any operator out there is probably looking at around a 4% or 5% decrease in margin just due to labor,” Maxwell Group Founder and CEO Donald Thompson said during a […]
Middle-market senior living has commanded a lot of attention recently, with demand set to rapidly expand in the coming years. But luxury senior living continues to hold great appeal for developers, investors, operators and — most encouragingly — consumers. Watermark Retirement is certainly not shying away from the luxury market. The Tucson-based company’s development pipeline […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. In the Pipeline: Planned Atria, Welltower Among Project Partners for $300M Redevelopment in New Jersey Atria Senior Living, Welltower (NYSE: WELL), multifamily developer […]
As the baby boomer generation ages in the coming years, demand for private-pay senior living is expected to soar—but so too is demand for at-home care. Recognizing this, many independent living and assisted living companies are taking a closer look than ever before at the opportunity and risks in expanding their services to include private-pay […]
The Covid-19 pandemic put serious pressure on senior living providers’ bottom lines, but for continuing care retirement communities (CCRCs), those headwinds didn’t blow quite as hard. In fact, CCRCs’ resilience will be talked about for years to come, Eric Mendelsohn, CEO of National Health Investors, said in a recent SHN+ TALKS. As that conversation gets […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned The Springs Living Announces […]
The federal government is temporarily increasing Medicaid funding by 10 percentage points, and states could use some of these dollars to support nursing facility conversions to assisted living. That’s according to a May 13 letter from the Centers for Medicare & Medicaid Services (CMS). The letter included a list of acceptable uses for the increased […]
