Why Deep-Dive Market Studies Bring More Senior Living Opportunities

Conducting market testing is easier said than done, but with senior housing construction rates near all-time highs, knowing the feasibility of a project is crucial. Having a clear, in-depth understanding of a market where a property will operate make the difference between a leased-up community and a struggling operator. However, studies that just scratch the surface […]

Brexit Aftershocks Reverberate Through Senior Housing

Markets around the world were reeling Friday on the news that the United Kingdom intends to leave the European Union, raising major questions about impacts to global business—including senior housing. The potential good news is that senior housing as an industry might be essentially unscathed by any large-scale economic disruption following the so-called “Brexit,” experts […]

Top 3 Updates to HUD’s Senior Housing Lending Platform

Senior housing companies may soon have a number of new financing options through the popular Section 232 program, thanks to a proposal recently released by the Department of Housing and Urban Development (HUD).  In the days since HUD first released its new draft Handbook containing the proposed changes, capital providers have been taking a closer […]

Senior Housing Finance Activity: RED Capital, Ziegler and More

AHEPA National Housing Corporation Receives HUD Grants for Assist Living Conversion AHEPA National Housing Corporation has received $2.38 million in grants assistance to fund an assisted living conversion program for its Indianapolis-based AHEPA 232 Apartments. The recipient is one of only six grants awarded by the Department of Housing and Urban Development under its assist […]

Senior Housing Finance Activity: Red Capital, HJ Sims, Prudential Mortgage

Cambridge Arranges $9.6M Loan for Mich. ALF Cambridge Realty Capital Companies reports arranging a $9,631,00 loan to refinance the Crystal Creek Assisted Living community located in Canton, Mich. The fully-amortized 35-year loan was arranged for the owner using the HUD Section 232/Section 223(f) funding program and was underwritten by Cambridge Realty Capital Ltd. of Illinois, […]

Prudential Expands Team, Raises $568 Million for Newest Senior Housing Fund

Prudential Real Estate Investors, the real estate investment and advisory business of Prudential Financial, Inc. (NYSE:PRU) recently completed the final close for its fourth senior housing fund, Senior Housing Partners IV, after securing $568 million of discretionary capital from institutional investors. This marks the largest senior housing fund ever for the firm. “There is a […]