| Walker & Dunlop senior housing guru Doug Bath has spent 16 years learning the ins and outs of the senior living business. On July 15, he'll share expertise as a panelist during our first annual Senior Housing Summit in DC. Not wanting to reveal everything before the event, he did give us a couple tidbits to tide us over. With interest rates continually sinking (every week seems like a new low) refinancings are picking up. “It's not huge, but it is happening,” Doug tells us. Secondly, cap rates are heading back down as buyers are seeking yield for their cash war chests. “There's some strong indicators that trickle may become a tidal wave in the imminent future,” he says. “I would not bet against a very robust second half.” |
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