Clinton versus Trump. We’re going there. Not in a partisan way, of course, but we do think it’s important to know where the two candidates stand on the important issues of health care and housing so our feature is devoted to just that. In our hospital article, we review the annual reports from the big three credit rating agencies and find that 2015 was one of the sector’s best years in recent memory. For our senior living piece, we analyze the M&A market through the prism of REIT stock prices, and find informative results. In our housing article, we detail a new HUD program aimed at helping owners of smaller multifamily complexes, which are too often overlooked. Finally, in our After the Financing section, we profile Green Hills Community, a sprawling campus in Ohio that offers residents an array of care, support and lifestyle choices.
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Nick Gesue, CEO
The Capital Issue: August-September 2016
In seemingly every presidential election, we are told by pundits and politicos that this particular contest represents the starkest choice between two vastly opposed ideologies that we’ve seen in decades. The future, your kid’s future and your grandchildren’s future, depends on its outcome.
The hospital sector saw one of its best years in recent memory during 2015. As a result of the Affordable Care Act (ACA), expanded insurance coverage was in full swing, along with a recovering economy, robust revenue growth and low interest rates.
If you want to know what is going to happen in the senior living mergers and acquisitions (M&A) market, following the stock prices of the public real estate investment trusts (REITs) in the sector is a good forward indicator. If you want to know what is going to happen to the REITs’ stock prices, stay tuned.
Much attention is paid to preserving and constructing mid-size and large affordable multifamily rental complexes, and rightfully so. Those complexes house a considerable number of people and their preservation is important. Equally important, but often less talked about, is the need to preserve smaller rental properties. Thanks to a new federal program, owners of complexes with as little as five units will soon have a new option to obtain much-needed preservation funding.
Seniors want choices. Choices in how they live and in where they live. At Green Hills Community, providing seniors with an array of choices and activities, as well as the full spectrum of support and care, is not just a mantra but a daily reality.
After The Financing