NEW YORK, Jan. 15, 2019 /PRNewswire/ -- Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, and Senior Housing News, today released the 2019 Senior Housing Outlook Report. The annual report is designed to offer investors key sector insights as they prepare for the year ahead.
"While investors agree seniors housing still provides an attractive return, they also understand how some of the subtle shifts within the market can have a big impact," noted Kathryn Burton Gray, Head of Healthcare and Seniors Housing at Hunt Real Estate Capital. "This year's responses show that investors still see ample opportunity despite the challenges that lie ahead. In addition, lenders will continue favoring organizations that are taking a prudent approach to today's market challenges and are readily adaptable."
"The Silver Tsunami is a force to be prepared for and investors are well aware of this. However, given the current demographics and state of the economy, they appear to be taking a calculated approach mindful of today's market factors," noted Tim Mullaney, Editor of Senior Housing News. "This tone was definitely revealed in our 2019 report."
Key takeaways include:
- Staffing and Occupancy Roadblocks. With national unemployment at historically low levels and minimum wages rising across several key geographic areas, staffing remains the greatest challenge this year. However, in 2019 occupancy concerns are also increasing on the heels of a construction boom and as a result, market participants are finding an oversupply in some major metros.
- Independent Living Dominates. Independent living continues to be the dominant need in the sector, with active adult gaining presence. Independent living was the most attractive property type reported in last year's survey. Today, active adult living has surpassed memory care as an investment focus, behind independent living.
- Building and Repositioning Growth. Despite recent oversupply concerns, construction—both ground-up and repositioning of existing assets—will continue in 2019. This is consistent with the anticipation for an increase in spending on repositioning, as reported in the 2018 Survey.
The full report, including detailed stats, can be found here: www.hunt.loans/SeniorsOutlook19
"We were delighted to partner with Senior Housing News on the 2019 Senior Housing Outlook Report," added Burton Gray. "The survey was conducted to help investors develop their business approach for the year ahead. Market intelligence and forward thinking are critical to Hunt Real Estate Capital's strategic success. We pride ourselves on being close to the market with our dedicated Seniors Housing and Healthcare team to consistently meet the evolving needs of our borrowers."
The 2019 Senior Housing News Outlook Survey and Report results show the views of nearly 300 executives polled on the senior living industry for 2019. The survey was conducted online in November and December 2018.
About Hunt Real Estate Capital
Hunt Real Estate Capital, part of Hunt Companies, Inc., is a leader in financing commercial real estate throughout the United States. The Company finances all types of commercial real estate: multifamily properties (including small balance), affordable housing, office, retail, manufactured housing, healthcare/senior living, industrial, and self-storage facilities. It offers Fannie Mae, Freddie Mac, FHA financing and its own Proprietary loan products. Since inception, the Company has structured more than $28.4 billion of loans and today maintains a servicing portfolio of more than $15 billion. Headquartered in New York City, Hunt Real Estate Capital has 241 professionals in 25 locations throughout the United States. To learn more, visit https://huntrealestatecapital.com/.
About Senior Housing News
Senior Housing News (SHN), part of Aging Media Network, Inc., is the leading independent source for business news and information in senior housing and senior living. SHN's global reach includes senior housing owners, operators, developer and financial institutions, real estate investment trusts, private equity and service providers catering to the senior care industry. To learn more, visit https://seniorhousingnews.com and https://agingmedia.com.
MEDIA CONTACTS
Brent Feigenbaum
Hunt Real Estate Capital
212-317-5730
[email protected]
Pam Flores
773-218-9260
[email protected]
Tim Mullaney
Senior Housing News
312-487-1185
[email protected]
SOURCE Hunt Real Estate Capital
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