HumanGood Eager to Recap Affordable Properties After New HUD Changes

Recent guidance issued by the U.S. Department of Housing and Urban Development (HUD) has the potential to dramatically expand private investment in affordable senior housing redevelopments. And HumanGood wants to come out of the gates strong, targeting a combination of private and public funding to overhaul communities in its portfolio wrapped for years in bureaucratic […]

HUD’s Carson Says USA Must Be World Leader in Senior Living

Housing for the United States’ growing senior population is one of his department’s top priorities, according to former presidential candidate and current Secretary of Housing and Urban Development Ben Carson. He spoke this week at the annual convention of LeadingAge Florida, an association of nonprofit senior housing and care providers. “America must remain a world leader in our […]

Must-Read News: Columbia Pacific’s $2 Billion Senior Housing Play

Happy Monday, Senior Housing News readers!  Here are several stories you simply must read before jumping head on into this week: Columbia Pacific Advisors, founded in part by Emeritus Co-founder Dan Baty, moved to purchase the 79-property portfolio of Vancouver, Washington-based Hawthorn Retirement Group. Columbia Pacific Advisors’ planned acquisition of Hawthorn Retirement likely commanded a […]

HUD Finalizes New Rules for Senior Housing Financing

It’s official—beginning early next year, senior housing companies will have an easier time securing financing through the U.S. Office of Housing and Urban Development (HUD). HUD on Tuesday announced it has finalized its latest handbook for the Section 232 Healthcare Mortgage Insurance Program. This latest handbook contains some new rules that directly impact the senior housing […]

How Congress Could Upend Senior Care Financing

Amid recent reports of patient harm and a lack of oversight within nursing homes, a new law could start holding nursing homes more accountable for low quality ratings. The Nursing Home Accountability Act, sponsored by U.S. Rep. Mark Walker (R-NC), aims to cut nursing homes with the lowest scorers from Department of Housing and Urban […]

Senior Housing Finance Activity: SQLC Surpasses $1 Billion in Financing

Senior Quality Lifestyles Corporation Surpasses $1 Billion in Financing Since 1999 Dallas-based senior living community developer Senior Quality Lifestyles Corporation has surpassed $1 billion in financing since it was founded in 1999. In 2015 alone, SQLC has secured more than $254 million in new funds for expansion, upgrades and refinancings of several of its continuing […]

Award-Winning Senior Housing Design Hinges on These Key Features

The future of designing senior housing presents quite the conundrum for developers and operators, especially when it comes to making that housing affordable: While the demand for the product is clear, the challenges in building these facilities are often insurmountable. Enter: an innovative solution that combines financing alternatives with unique amenities and cost-saving natural resources. Such was […]

New HUD Rule Makes Skilled Nursing Repairs Easier

The Department of Housing and Urban Development (HUD) issued a new rule Friday that would ease the process for skilled nursing facilities (SNFs) located in flood-risk areas to make modifications or repairs. Previously, HUD-financed SNFs located in these at-risk flood areas were subject to an eight-step process before they could implement any building repairs or […]

Housing Authority Turns Focus Toward Senior Care Development

A public housing authority in Texas may be shifting its focus more toward the growing needs for more senior housing.  Some of the property currently being used as public housing for the city of Dallas would be sold off in order to fund new senior living development, if a recent proposal receives approval by the […]