Tight Lending, Many Deals: Making Sense of Cross-Currents in Senior Living M&A

This article is part of your SHN+ subscription Financing for senior living acquisitions has been tight – and yet, the data says many deals are being made. A recent report from the National Investment Center for Seniors Housing & Care (NIC) was the latest evidence showing “inconsistent” financing for new deals, fueled by ongoing challenges […]

Senior Living Loans Remain Challenged, Lenders Adjusting Strategies

Lending for new senior living projects remained muted in the fourth quarter of 2023 as broader macroeconomic factors continued to dictate lending activity. Permanent financing for senior housing and nursing care has “remained inconsistent” across various lending categories, reflecting lingering challenges, including stricter lending standards, wider bid-ask spreads, and lower loan proceeds. Despite those challenges, […]

Affordability Top of Mind for Current Active Adult Residents

Many current active adult residents are seemingly satisfied with their living experience, and hold affordability among their top desires.  That’s according to a new research report by the American Seniors Housing Association (ASHA) and ProMatura Group. The report, released Tuesday, is based on responses from 873 older adults currently living in rental active adult communities, […]

Senior Housing Occupancy Rate Inches Closer to Pre-Pandemic Levels

The average senior living occupancy rate is moving ever closer to pre-pandemic levels, with increases in the first quarter of the year driven largely by low construction starts and high demand. Senior living occupancy rates increased by half a percentage point in the top 31 metro markets tracked by NIC MAP Vision, landing at 85.6% […]

These Factors Indicate a ‘Positive Story’ for Senior Living in 2024

The senior living industry’s occupancy rebound and its demand prospects ahead are two of the biggest indicators that operators will see a better year in 2024. That’s according to Rick Brace, director of AEW Capital Management’s research group. Brace, who recently authored a report on the senior housing industry’s prospects in 2024, said he is […]

Senior Living Industry Has ‘Huge’ Opportunity for Middle-Market Growth, Exploration

The middle-market senior living opportunity is “huge” thanks to demographic shifts, new payment sources becoming available and a wave of distressed properties. That was the consensus of panelists from a National Investment Center for Seniors Housing and Care (NIC) webinar hosted Feb. 1. For one, the pool of middle-income older adults is growing. By 2033, […]

How the Senior Living Sector Can Overcome Middle-Market ‘Paralysis’ in 2024

This article is available as part of your SHN+ membership For years, the senior living industry has discussed creating new models suitable for the middle market. But for all that effort, the industry still struggles in 2024 to meet the needs of middle-income consumers. When I talk with operators, what I often hear is that […]

Baby Boomers Face ‘Urgent Need’ for More Affordable Senior Housing Options

More affordable and middle-market housing options are going to be needed as the next generation of older adults approaches average senior living age. A new report, compiled by the Joint Center for Housing Studies of Harvard University, detailed the looming generation of boomers, the oldest of which are turning 80 in the coming years. The […]

Why Senior Living Operators’ ‘Real Test’ in Occupancy is Soon to Come

This story is available as part of your SHN+ membership Senior living operators are especially optimistic about the prospect of further occupancy growth in the coming year, at least according to their public comments. But as promising as 2024 seems, I think senior living operators still have a substantial hill left to climb and therefore […]