2017 Seniors Housing and Care Market Outlook

2017 Seniors Housing and Care Market Outlook

The past 12 months have been quite eventful for the health care market, especially the seniors housing and care sector. There have been massive deals, real estate investment trust (REIT) divestitures of skilled nursing facilities (SNFs), concerns of overbuilding and changes in payor mix. While there are a number of uncertainties regarding the health care market and 2017, one thing is certain—changes are coming. We take a look at recent market data to shed light on the past 12 months, identify trends, and provide a big picture analysis of what the industry looks like as 2017 begins.

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors

Supportive Living Facilities and Medicaid Waivers: Addressing the Wave of Low- and Moderate-Income Seniors

In 2011, the Baby Boomer wave began to crash upon the shores of retirement. By 2030, 72.8 million Americans will be over the age of 65, an increase from 43.1 million in 2012. While developments in health care have added quality as well as quantity to the average lifespan, aging often still brings the need for assistance with Activities of Daily Living (ADLs). Many individuals retain the majority of their physical and mental abilities and yet still require some assistance with one to three ADLs. A segment of these individuals without the physical capacity to care entirely for themselves are low- to moderate-income seniors unable to afford traditional assisted living (AL) services. These individuals present an opportunity for operators and states to think creatively about how best to care for their financial, physical and mental needs. 


Lancaster Pollard Announces Leadership Changes

Lancaster Pollard announced today that Tom Green, CEO, and Brian Pollard, president, will transition day-to-day management of the firm and have announced a new leadership team. Nick Gesue, previously senior vice president and chief credit officer with Lancaster Pollard, has been named CEO and Kass Matt, most recently a managing director with the firm, has been named president of Lancaster Pollard Holdings Company, LLC. The changes are effective July 16, 2015. Green and Pollard will continue to serve on the board as chairman and vice chairman respectively.


Steve Kennedy Quoted in HUD Mid-Year Update Article

Steve Kennedy, senior managing director at Lancaster Pollard, provided insight for a recent Seniors Housing Business story titled "HUD Financing Mid-Year Update."