2003 Lender and Equity Investor Surveys  E-mail this product to a friend

This annual survey is the most thorough review of financing preferences in the seniors housing and long term care market. This year’s survey again includes results from investors that provide equity financing. The surveys provide timely insights into how the financial community underwrites and views seniors housing investments. Results include: what types of financing are being provided, how much of it, and for which property types; lending terms for permanent and construction loans; how projects are valued including projects without earnings; how much of the financing will be going toward new construction vs. acquisition vs. re-financing; capitalization rates and how they are arrived at; management fees; required reserves; cost to construct per bed; prospects for industry growth; most important factors in underwriting decisions; and outlook for revenues, expenses, and risk/return over the next 12 months.