Senior Housing

Other high-growth cities include San Francisco, Dallas Fort-Worth, Greenville, Jacksonville, Las Vegas, Minneapolis-St. Paul, Tampa-St. Petersburg and Tucson.

The four-property portfolio comprises 637 assisted living, skilled nursing and memory care beds throughout Southern California.

The firm's FHA finance team structured the financing for seven properties throughout the Midwest and Northeast.

The near-term outlook for senior housing is challenging, but the worst could be over by the second half of the year.

The 10 communities across California, Washington and Nevada include more than $350 million in senior living assets in urban high-barrier-to-entry markets with desirable demographics and limited existing supply.

Senior housing qualifies for a critical exception, as long as other requirements are met.

In 2020, senior housing occupancy fell nearly 7% to 80.7% due to COVID-19 outbreaks.

Larkspur is an active adult community that could be mistaken for a five-star hotel with programs featuring research-based wellness, health and enriching social experiences.