Amy Novotney McKnight's Senior Living

Amy Novotney

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Business briefs for Wednesday, Nov. 25

HUD establishes second request window for CARES Act funding … Nearly three-quarters of workers now plan to work even after claiming Social Security benefits: survey … Construction underway on Apple-funded affordable housing community for veterans … Merrill Commercial Real Estate arranges sale of Oregon independent living community … Woda Cooper completes Columbus, OH, affordable seniors housing complex

Business briefs for Tuesday, Nov. 24

New Senior elects Capstone Development CEO to board of directors … HJ Sims closes $77.6M refinancing and capital projects financing for Florida life plan community John Knox Village … Greensboro, NC, retirement community embarking on $75M expansion … Providence One Partners and Providence Senior Living to open assisted living and memory care community in Maitland, FL … PGIM Real Estate arranges $60M Freddie Mac refinancing loan for Colorado senior living community

Healthcare professional in protective gloves & workwear holding & organising a tray of COVID-19 vaccine vials. The professional is carrying out researches on COVID-19 vaccine in laboratory.

Vaccine news boosts analysts’ views on skilled nursing; concerns remain around future of seniors housing: Mizuho

As Nareit’s REITworld: 2020 Annual Conference wrapped up last week, analysts at Mizuho Securities USA say they remain positive on the skilled nursing sector given the promising vaccine news, strong government support of the industry and an improving acquisitions outlook. And although the vaccine news also is a major positive for senior housing, analysts also worry that the recent rally in the sector’s stocks may be reflecting a far rosier recovery than likely is to occur, and that the 2021 earnings outlook may disappoint.

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