Will Rising Rates Swing Senior Housing to a Buyer’s Market?

Low capitalization rates for many high-quality senior housing transactions has made for a “seller’s market” the past several quarters. But senior living buyers may become more cautious as interest rates climb following rises in 10-year Treasury yields. In mid-June, Ben Bernanke, chairman of the Federal Reserve, announced plans to taper off the quantitative easing program—through which […]

Does Obamacare Need a Senior Housing Reality Check?

The full impact of healthcare reform on senior living is still largely an unknown to operators and investors, and state regulations may impact how well the landmark law aligns with the industry’s capabilities. “There are a lot of issues to work through in order to align the goals of the Affordable Care Act—fewer hospital stays, […]

Senior Housing RIDEA Deals All About Alignment

The lead-up to a senior housing RIDEA deal between an operator and a real estate investment trust has been described many ways: as dating; as a courtship; even an arranged marriage. But at the end of the day, panelists at SHN’s 2013 Senior Housing Summit agreed, it’s all about alignment of goals, and there are […]

In the Pipeline: Senior Housing Construction Projects (6/19/13)

Construction: Planned Developers Pitch 151-Unit Minn. Senior Living Complex This week, developers pitched a project to Eagan city officials that would include 151-units of senior housing, the local Patch reports. Eagan Pointe Senior Living will sit on a 10-acre site at 4232 Blackhawk Road, just west of Interstate 35E. The four-story complex will feature 48 units […]

In the Pipeline: Senior Housing Construction Projects (5/22/13)

Construction: Planned Developer Plans to Revamp Former Assisted Living Building  Cacace Associates has plans to revamp a former assisted living building into an independent living community for seniors in Bristol, Pennsylvania, phillyBurbs reports. The former Mill Run building on Wilson Avenue was purchased by the Bristol government for $135,000 from its previous Virginia-based owner in […]

In the Pipeline: Senior Housing Construction Projects (3/20/13)

Construction: Planned Senior Housing Group Plans Construction on Minn. Multi-Care Community Saint Therese, a Catholic-based senior care organization, plans to break ground on a new campus in Woodbury, Minn. this fall, the local Patch reports. The community, Bielenberg Gardens, will be located at the southwest corner of Radio Drive and Bailey Road in Woodbury, and […]

Senior Housing Construction Boom Could Go Bust in Lease-Up Phase

The senior housing industry’s cyclical nature means it’s a matter of when, not if, the sector eventually gets overbuilt, and the biggest danger is in the lease-up phase—especially if there are several new developments in the same market. “In certain submarkets and certain product types, it will be overbuilt,” said Jeff Kraus, managing director of […]