American Seniors Housing Association

Maplewood Senior Living Achieves 95% Occupancy Rate Across Portfolio

Retrieved on: 
Thursday, December 14, 2023
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WESTPORT, Conn., Dec. 14, 2023 /PRNewswire/ -- Maplewood Senior Living, a leading national provider of senior living residences with 16 communities across the Northeast and Ohio, is proud to announce it has reached a 95% average occupancy rate across its stabilized portfolio, with multiple communities currently at 100%.

Key Points: 
  • With company-wide resilience in swift bounce-back to pre-pandemic occupancy, Maplewood exceeds industry average by over 10%
    WESTPORT, Conn., Dec. 14, 2023 /PRNewswire/ -- Maplewood Senior Living , a leading national provider of senior living residences with 16 communities across the Northeast and Ohio, is proud to announce it has reached a 95% average occupancy rate across its stabilized portfolio, with multiple communities currently at 100%.
  • "We continue to be excited by the strong occupancy numbers at Inspīr and are thrilled that the balance of the Maplewood Senior Living portfolio has achieved a 95% occupancy rate," said Shane Herlet, Chief Operating Officer, Maplewood Senior Living.
  • High customer satisfaction has resulted in the majority of Maplewood communities being ranked as 'Best of Senior Living' by top senior care referral services, outperforming competition in nearly every market.
  • To learn more about Maplewood Senior Living or to schedule a tour, please call 203-557-4777 or visit http://www.maplewoodseniorliving.com .

CareTrust Publishes Third Annual Corporate Sustainability Report

Retrieved on: 
Wednesday, October 11, 2023
Environment, Commercial Building & Real Estate, Construction & Property, Climate Change, REIT, Professional Services, Sustainability, General Health, Health, Environmental, Social and Governance (ESG), American Seniors Housing Association, Public expenditure, NYSE, ESG, Corporate sustainability, Indigenisation and Economic Empowerment Act, Risk, GRI, Global Reporting Initiative, SHOP, Biophysical environment, Patient, Property management, Social

CareTrust REIT, Inc. (NYSE: CTRE) today announced details of progress the company made toward its Environmental, Social, and Governance (ESG) initiatives in its third annual Corporate Sustainability report.

Key Points: 
  • CareTrust REIT, Inc. (NYSE: CTRE) today announced details of progress the company made toward its Environmental, Social, and Governance (ESG) initiatives in its third annual Corporate Sustainability report.
  • The report demonstrates how CareTrust, with properties exclusively controlled and operated by tenants under triple-net master leases can track, educate, and promote sustainable operating decisions.
  • “This report showcases our advancements in several key initiatives over a short period of time,” said Dave Sedgwick, President and CEO of CareTrust REIT.
  • The Annual Corporate Sustainability report correlates to Global Reporting Initiative (GRI) Core Standards outlined at globalreporting.org .

Freddie Mac Multifamily Names Peter Lillestolen Vice President, Production & Sales of Targeted Affordable Housing

Retrieved on: 
Wednesday, August 30, 2023
Housing, Capital market, FMCC, TAH, Rising Star, OTCQB, Georgetown University, Senior, Production, Real estate, Johns Hopkins University, Freddie Mac, LIHTC, American Seniors Housing Association, James Madison University, Commercial property, Management, Science

MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH).

Key Points: 
  • MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH).
  • “Peter is a strong, innovative leader, ready to meet the challenges of Multifamily’s mission-critical businesses,” said Steve Johnson, senior vice president for Multifamily Production & Sales.
  • “Peter has a proven ability to make strategic, forward-looking decisions and to meet and anticipate the evolving needs of the affordable market.
  • His leadership was instrumental in helping Freddie Mac exceed its affordable housing goals in 2022, both in the core retail business and low-income housing areas.

New ASHA Report Details Baby Boomers' Seniors Housing Priorities

Retrieved on: 
Tuesday, June 27, 2023
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The report -- "Boomers and the Future of Senior Living" -- is based on surveys of more than 7,000 people, of which roughly 80% were Baby Boomers, conducted between December 2021 and March 2022.3

Key Points: 
  • WASHINGTON, June 27, 2023 /PRNewswire/ -- The American Seniors Housing Association released a definitive report today detailing the senior living priorities of the Baby Boomer generation, who will largely drive the industry's growth for the next 25 years.1
    "In the years to come, many of the nation's 76 million Baby Boomers will transition into senior housing," ASHA President and CEO David Schless said.2 "It's imperative that industry leaders understand the Baby Boomers' expectations so they can meet their needs and position themselves for success.
  • Our new report will enable them to do so."
  • "Senior housing leaders need to begin planning now to prepare for the millions of Baby Boomers who will soon call their properties home."
  • To get a copy of the report or to schedule an interview with the report's authors, please contact Greta Timmins at [email protected] or (202) 796-5015.

AmericanSenior, a HighTechLending company names Eric Ellsworth EVP of National Sales

Retrieved on: 
Monday, March 13, 2023
Reverse, Call centre, American Seniors Housing Association, HUD, Retirement, EVP, RMF, TPO

IRVINE, Calif., March 13, 2023 /PRNewswire/ -- HighTechLending, a national leader in home equity solutions, today announced Eric Ellsworth as their EVP of Sales which will include Call Center, Outside Sales, Branches and its Third-Party Business.

Key Points: 
  • IRVINE, Calif., March 13, 2023 /PRNewswire/ -- HighTechLending, a national leader in home equity solutions, today announced Eric Ellsworth as their EVP of Sales which will include Call Center, Outside Sales, Branches and its Third-Party Business.
  • Previously with Reverse Mortgage Funding LLC, Eric was a VP of Retail Sales for 8 years and helped grow the business to over 140 loan officers nationwide.
  • Prior to Reverse Mortgage Funding, Eric was at Liberty Reverse Mortgage managing its inside and outside sales divisions.
  • Ellsworth said, "I am very excited to join HighTechLending as EVP of Sales.

Marquee Capital to Launch Second Real Estate Fund

Retrieved on: 
Tuesday, March 7, 2023
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, Consultant, LP, Growth, Housing, American Seniors Housing Association, Capital, Financial services, Bank

Marquee Capital announced today that it is formally launching its second real estate fund, Marcus RE Fund II, LP, that will again focus on retail power centers in the greater Midwest, but also include Seniors Housing in multiple geographies as well as opportunistic real estate plays with proven sponsors.

Key Points: 
  • Marquee Capital announced today that it is formally launching its second real estate fund, Marcus RE Fund II, LP, that will again focus on retail power centers in the greater Midwest, but also include Seniors Housing in multiple geographies as well as opportunistic real estate plays with proven sponsors.
  • The firm seeks to raise $100M from other family offices, high-net-worth individuals, consultants, wealth managers and institutions.
  • Marquee Capital recently rebranded from its former moniker, Berengaria Development, however the firm is still closely affiliated with Marcus Investments, the Marcus’ Family Office.
  • Jay Peirick, Managing Partner of Marquee Capital, said, “Having successfully deployed the vast majority of capital from our inaugural fund along with significant co-investment capital, we are now ready to embark on our second fund.

Bob Kramer Awarded 2023 McKnight's Career Achievement Award

Retrieved on: 
Tuesday, February 21, 2023
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"There is no one who better exemplifies the commitment, the energy, the insight and the extraordinary persistence needed for devoting one's life to making life better for elders," said Dr. Bill Thomas, founder of the Eden Alternative and a Nexus Insights Fellow. "If pinnacles got awards, they would be called 'Bob Kramers'. So much can be said about what Bob has done but -- I am most excited about what he has yet to do. His work with Nexus raises the pinnacle to a new level and I see no limit on how high this work can go."

Key Points: 
  • ANNAPOLIS, Md., Feb. 21, 2023 /PRNewswire-PRWeb/ -- Bob Kramer, one of senior living's most influential and high-profile thought leaders, has been chosen to receive the 2023 Career Achievement Award as part of the inaugural McKnight's Pinnacle Awards.
  • Bob Kramer has spent over 40 years improving the lives of the aging and those who care for them.
  • "This career award is incredibly fitting for Bob Kramer.
  • The McKnight's Pinnacle Awards ceremony and dinner will be held March 7, 2023, at the Ivy Room in Chicago.

Fannie Mae Multifamily Closes 2022 With $69 Billion in Volume

Retrieved on: 
Friday, January 27, 2023
LIHTC, White House Communications Agency, Delegate, Calendar, OTCQB, Partnership, Native Americans, Fannie Mae, Risk, American Seniors Housing Association, Investment, Low-Income Housing Tax Credit, Dormitory, DUS, Senior, Commercial property, Renewable energy, Real estate, TruAmerica Multifamily

WASHINGTON, Jan. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided more than $69 billion in debt financing to support the multifamily market in 2022. Through our Delegated Underwriting and Servicing (DUS®) platform, along with our Low-Income Housing Tax Credit (LIHTC) equity, we delivered on our mission to provide access to affordable housing throughout the country.

Key Points: 
  • WASHINGTON, Jan. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided more than $69 billion in debt financing to support the multifamily market in 2022.
  • Notably, Multifamily Affordable Housing volumes totaled $10.3 billion in 2022, up nearly 7 percent from $9.6 billion in 2021, while Structured Transactions and Student Housing increased from $5.7 billion to $10.3 billion (82.6 percent) and $0.9 billion to $1.2 billion (26 percent), respectively.
  • Fannie Mae was able to commit all of its $1.7 billion cap for calendar years 2021 and 2022 and these investments create or preserve more than 35,000 affordable units.
  • "We want to thank our DUS lenders for their partnership and helping us support the multifamily market," said Rob Levin, Senior Vice President and Multifamily Chief Customer Officer, Fannie Mae.

Freddie Mac Multifamily’s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022

Retrieved on: 
Wednesday, January 18, 2023
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“In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission,” said Kevin Palmer, head of Freddie Mac Multifamily.

Key Points: 
  • “In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission,” said Kevin Palmer, head of Freddie Mac Multifamily.
  • “Not only did we exceed our aggressive affordable housing goals, but we also set a record for Targeted Affordable Housing, ramped up our LIHTC equity investments by 45% and made nearly $2 billion in forward commitments designed to bolster future housing supply.”
    Freddie Mac exceeded all its FHFA-set affordable housing goals.
  • In total, nearly 69% of Freddie Mac Multifamily’s volume qualified as mission-driven affordable housing, far surpassing the 50% goal set by the FHFA .
  • Freddie Mac took action to address the affordable housing supply shortage through a record $1.9 billion in forward commitments, supporting 20,000 future new or rehabilitated affordable housing units.

CareTrust Announces Environmental Benchmarking Progress and Operational Improvements with Annual Sustainability Report

Retrieved on: 
Tuesday, October 18, 2022
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Construction & Property, REIT, Quality of life, Indigenisation and Economic Empowerment Act, Biophysical environment, Global Reporting Initiative, SHOP, Risk, Corporate social responsibility, Efficiency, American Seniors Housing Association, ESG, NYSE, Patient, Annual report, Investment, Nursing, Sedgwick, Social responsibility, GRI, Acquisition, Â, CEO, Environment, Maintenance, Public expenditure, Ownership, Real estate, Social

CareTrust REIT, Inc. (NYSE: CTRE) today announced details of progress the company made through its Environmental, Social, and Governance (ESG) initiatives in its second annual Corporate Social Responsibility report.

Key Points: 
  • CareTrust REIT, Inc. (NYSE: CTRE) today announced details of progress the company made through its Environmental, Social, and Governance (ESG) initiatives in its second annual Corporate Social Responsibility report.
  • The report demonstrates the companys commitment to measuring impacts on its local communities, people, environment and the broader economy.
  • As this is our second annual report, we are in the formative stage of collecting data and establishing baselines upon which we will measure progress for years to come, said Dave Sedgwick, President and CEO of CareTrust REIT, Inc.
  • The Annual Corporate Social Responsibility report correlates to Global Reporting Initiative (GRI) Core Standards outlined at globalreporting.org .