As the senior living industry recovers from the worst effects of the Covid-19 pandemic, owners and operators are reassessing capital structures with an eye toward creating greater alignment, Senior Housing News reports.
Operator executives Mercedes Kerr, president of Belmont Village, and Fee Stubblefield, CEO of The Springs Living, praised their capital provider partners for being flexible and supportive throughout Covid-19, during a panel at the National Investment Center for Seniors Housing & Care conference in Houston.
But Kerr and Stubblefield pressed for continued innovation in capital structures and expressed concerns about the 5% management fee model that is prevalent in senior living. Read more.
