How Senior Living Developers Anthology, Ryan Cos. Finance New Construction as Lenders Tighten Belts
Read the full article on Senior Housing News.
With interest rates rising, new construction lending appears to be slowing in the senior housing sector — but that doesn’t mean debt isn’t available, either.
So long as developers have the track record to quell lenders’ concerns, they are finding ways to source financing for their new development projects.
The National Investment Center for Seniors Housing & Care (NIC) last month released its 1Q2022 lending trends report showing that new construction loan closings were up from the fourth quarter of 2021, with lenders issuing just under $330 million for new construction projects in senior housing.
Read full article on Seniors Housing News.
