This story is part of your SHN+ subscription The senior living industry must be bolder in moving beyond current models to meet the needs of the next generation of older adults. Earlier this week, I caught up with Serenbe CEO Steve Nygren, whose company is behind a sprawling development in Georgia that plans to expand […]
National Association of Realtors
Cambridge Realty Capital found a way to place new debt during the coronavirus pandemic. The West Palm Beach, Florida-based financial services firm announced it closed on $446 million in interest rate reduction (IRR) loans from April 2020 through December 2020 — activity driven by the firm’s proactiveness to help clients reduce debt load during the […]
Covid-19 has been an unexpected boon to the residential housing market. The resiliency of the market, which has seen home sales numbers and prices eclipse 2019 levels, is a positive trend for the senior living industry, given that people often sell their homes to pay for transitions into communities. Existing home sales increased for the […]
The coronavirus pandemic has been the “unexpected shock to the economies” that National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace feared would disrupt a boom market in January. The fate of the senior housing sector is to some extent tied to the residential real estate market; people often must sell […]
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