The long-term prospects are encouraging for this specialty segment, The long-term prospects are encouraging for this specialty segment, but facilities with more care options have recently gained favor.
Longtime multifamily developer joins the seniors housing sector with an aggressive development pipeline.
If a borrower today complains about the growing challenge of securing construction financing for a seniors housing project, the likelihood is that what he really means to say is a non-recourse loan at 75 percent loan-to-cost is no longer available.
As the biggest players pull their foot off the gas, smaller groups are picking up some of the slack.
Fannie Mae, Freddie Mac both post record deal volume in 2017.
Tax reform eases financial burden on corporations, but reduces their incentive to invest in federal low-income housing tax credit program.
Underwriting tightens as banks, intermediaries prepare for the future.
With today’s seniors housing prices too high for tomorrow’s residents, the industry is searching for answers to ease the burden.