M&T Realty: Seniors Housing will be a Bright Spot for Lending for Years to Come
Seniors housing seemed to rule the roost among attendees at MBA’s CREF 2019.
Mark Gould, national production manager at M&T Realty Capital Corporation, thinks he knows why.
The obvious answer would be the aging Boomer population, which will continue to require additional services for some time. However, Gould believes it’s more than demographics.
He asserts that a tangible evolution has taken place among seniors housing operators that has made these dwellings more attractive to the elderly and their children. As demand shifts, opportunity abounds. Gould believes construction and permanent financing will remain active as these operators continue to perfect their communities.
for more insights on seniors housing finance from Gould.