Of the 79 million baby boomerstoday, many will qualify for affordable seniors housing as they get into their 70s during the next decade. However, even with the high demand and low amount of product, there are many roadblocks to new construction and preservation, including deal complications, declining public subsidies and neighborhood protests. Lenders recognize the risks, but more than a few that have followed elderly housing enough to recognize the benefits to tapping into the ...

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