HealthLease Commits to Co-Investment Relationship with Mainstreet HealthLease Properties Trust has invested $20 million in Mainstreet Development Fund II, L.P., which will be used to develop between 12 to 16 seniors housing and care facilities in the United States over the next year. HealthLease’s investment will consist of $15 million of mezzanine financing, which is […]
Mainstreet Development
Adopting multifamily design “upgrades” such as hospitality elements into senior living could be key to attracting both future residents and their adult children, who are often part of the decision making process, says an interior designer. First impressions matter when people are shopping for a senior living community, and the adult child of a prospective […]
Whether the aging nursing home stock can be saved through capital expenditures for repositioning, or is suited only for the wrecking ball, is an issue those involved in the skilled nursing industry don’t exactly agree on. The average age for the industry’s skilled nursing stock is about 35 years, according to data from the National […]
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