The pandemic has rewritten the rules on industry practices in senior living, which has been squeezed by skyrocketing operating costs, stagnating occupancy rates, increasing physical and emotional stress on both residents and staff, and sharply falling unit prices in some assisted living and skilled nursing facilities. COVID-19 continues to impact financing for assisted living, skilled nursing, and memory care properties, which is especially important as owners look to make improvements on indoor and outdoor living spaces.
In this white paper, learn how small business lending can help jump-start the industry and what to consider when you’re seeking financing for your facility.
What’s Inside:
- Ways the pandemic has impacted the senior living industry
- Recent performance of healthcare properties
- Emerging facility trends
- Healthcare lending environment
- Financing solutions
