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1999 financings expected to top $10B.


Respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy.  to an annual survey of seniors housing industry lenders and investors indicate that projected loan volume for 1999 will be $10.8 billion or more, an increase of 15 percent over the respondents' 1998 loan volume of $9.4 billion.

The survey, conducted by the National Investment Center for the Seniors Housing & Care Industries, indicated that about $4 billion will be for new construction and development and the balance will be for acquisitions ($3B) and refinancings ($3.5B).

Other findings include:

* Despite PPS (Packets Per Second) The measurement of activity in a local area network (LAN). In LANs such as Ethernet, Token Ring and FDDI, as well as the Internet, data is broken up and transmitted in packets (frames), each with a source and destination address. , nursing homes are still the top preference of lenders among the different sectors, but assisted living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 is closing ranks. That sector has a stronger overall attraction attraction /at·trac·tion/ (ah-trak´shun)
1. the force, act, or process that draws one body toward another.

2.
 since fewer lenders said they intend to reduce their assisted living allocations.

* Compared with 1998, lenders expect to increase loan volume and the number of transactions of seniors apartments, congregate con·gre·gate  
tr. & intr.v. con·gre·gat·ed, con·gre·gat·ing, con·gre·gates
To bring or come together in a group, crowd, or assembly. See Synonyms at gather.

adj.
1. Gathered; assembled.

2.
 care facilities, and CCRCs. However, for nursing, assisted living, and Alzheimer's/special care properties, they expect to increase loan volume but not the number of transactions.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:ADLER, SAM
Publication:Contemporary Long Term Care
Date:Dec 1, 1999
Words:166
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