With a quarter of the year in the rearview mirror and spring and summer before us, now is the time in the calendar when things generally get a bit more active. That feeling of renewed energy and movement can be found throughout the articles in the April-May edition of The Capital Issue. Our feature article details the progress being made to advance the cause of affordable assisted living (AAL), which our After the Financing complements as it profiles a successful AAL construction project. In our hospital piece, we explore the growing demand for urgent care centers and what the trend means for hospitals. In our senior living article, we detail the timely and efficient financing options offered by Fannie Mae. Finally, the findings from our second annual 2017 Housing Survey depict an active environment for multifamily developers across the country.
We hope you enjoy the start to spring and please don’t hesitate to reach out with any questions!
Nick Gesue, CEO
The Capital Issue: February-March 2017
In recent years, increasing attention is being paid to the financial challenges of the impending silver tsunami of Baby Boomers approaching retirement. Simply put, their fiscal outlook is bleak. In regard to retirement savings, too many will have not enough. For the seniors housing and care industry, the time is now to invest in and develop more affordable assisted living (AAL) options. Fortunately, for both the industry and the low- and middle-income seniors of the present and future, there are several organizations and companies doing outstanding work to help address the problem.
The construction and use of urgent care centers in the health care industry has steadily increased over recent years. The growing popularity of urgent care centers presents an opportunity for hospitals to extend networks or expand partnerships in order to reach new clientele. Further, it offers an opportunity to enhance brand recognition in new and existing markets.
Efficiency. Timeliness. Certainty of execution. Those three points perfectly capture the essence of Fannie Mae Seniors Housing financing. In this article, we provide an overview of Fannie Mae Seniors Housing financing and profile several successful case studies. In addition, we detail a few lesser-known options offered by the agency.
In January of 2017, Lancaster Pollard sent an online survey to approximately 2,400 leaders in affordable and multifamily housing throughout the U.S. Over the course of two weeks, 243 respondents completed the online survey. The survey has a 95% confidence level and a confidence interval of 6.26, meaning that the differences in responses of 7 percentage points or more are meaningful.
When conceptualizing and developing its latest Supportive Living Facility (SLF), Gardant put an emphasis on three words: love, compassion and dignity. At its new facility, and at all of its pre-existing locations, Gardant focuses on providing residents with the love, compassion and dignity they deserve and on helping each resident maintain as much independence as possible for as long as possible—a noble mission that was recently brought to life with the construction of Heritage Woods of Minooka.
After The Financing