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Largest insurer pulls out of largest market citing "catastrophe exposure."
Berkadia reports a "lack of urgency" on both sides.
The lowest rate of senior housing construction since 2014 is one driver.
Until recently, active adult rental property was ill-defined and poorly understood.
Outlook is mostly rosy, given demographic demands, high demand and low supply.
The company wants to diversify and expand relationships with regional operators.
New loan pays off banks and an outstanding $7.5M mezzanine loan
Q4 2022 marked the seventh quarter in a row for positive absorption.
NIC MAP Vision data showed improvement in 28 of 31 tracked markets.
AHCA says 191,000 nurses will be needed to meet 4.1 hours/resident standard.