by Steve Monroe | Jan 24, 2019 2:33 pm | Developments, Financings
A senior living development in Delray Beach, Florida is inching towards opening its doors and just received $51.45 million in bonds to cover lease-up costs and other cash needs, arranged by HJ Sims. The mix of tax-exempt and taxable bonds, including $11.6 million in... Read More »
by Steve Monroe | Jan 23, 2019 7:02 am | 60 Seconds, Statistics
The Seniors Housing Acquisition and Investment Report, and the Skilled Nursing Acquisition and Investment Report will be coming soon with better data then ever before. We are closing out the 2018 data for our skilled nursing and seniors housing acquisition market... Read More »
by Steve Monroe | Jan 23, 2019 7:01 am | Acquisitions
The original developer of a senior living community in Lawrenceville, Georgia was looking to move on to other development opportunities in North Georgia and hired Brad Clousing of Senior Living Investment Brokerage to exit the asset. Built in stages in 1992, 1996 and... Read More »
by Steve Monroe | Jan 23, 2019 7:00 am | Financings
It was quite the year for Housing & Healthcare Finance’s Capital Advisory Group, which just about doubled its loan volume from about $510 million in 2017 (just its first full year in business) to over $1 billion in 2018. That impressive haul came from more than 60... Read More »
by Steve Monroe | Jan 22, 2019 4:29 pm | Opinion
Occupancy issues have spared few senior living operators in the past year, and signs are not good for the next year either. An overactive development market and declining absorption rate made for a relatively abysmal year for census figures in seniors housing and... Read More »