Senior Housing News October 8, 2024
A wall of debt maturities this year and next have amounted to a dark storm cloud for many senior living operators. But some rays of sunshine are starting to poke through, according to Lonnie Hendry, chief product officer of Trepp.
For one, banks that were on the sidelines for the last two years are returning to senior living lending, and the frozen state of lending appears to be thawing just as senior living operators are turning their collective focus to a new year of growth.
Hendry noted during an Oct. 8 National Investment Center for Seniors Housing and Care webinar that a relatively small number of senior living properties – a little more than 5.3% of the ones in Trepp’s...
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