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As we reach the mid-point of 2019 and as the Commercial Real Estate Industry continues to debate where we are in the current market cycle, an abundance of available capital has created a market in which seemingly everything is financeable.

Continued capital growth in the debt fund space, in both the amount of capital raised and the number of participants, has broadened lending criteria and increased competition, translating into more aggressive terms for a wider range of business plans.

Baby boomers are reaching retirement age, and that’s driving up demand for senior housing — and interest from investors.

In a recent survey, CBRE Group Inc. found that 62% of investors were planning to add more senior housing to their portfolios. In part, that’s because the returns are strong. Over the last five years, senior housing gave investors a 14% return on investment, compared with a 9.2% return on multifamily investments over the same period.

With a bevy of new entrants into the senior housing market, capital providers are looking for experience.

The senior housing market is seeing a boom. With the 65-plus demographic growing daily, many investors and developers are entering the senior housing space. While capital appetite for senior housing deals is healthy, senior housing is still considered a specialty market, and new entrants will have trouble landing capital sources.

“Capital availability is good.

A debt fund managed by Ares Real Estate Group has provided $41 million to Mountain Capital Partners to refinance a recently completed multifamily property in a western suburb of Minneapolis, sources told Commercial Observer.

The bridge loan took out previous construction financing on the development and will help facilitate the lease up and stabilization of the asset, which is called Central Park West,

Looking back to examine some of the issues that helped shape the real estate landscape last year, provides us the opportunity to look ahead at how those trends might affect the industry in 2019.

Most evident in 2018 was the added liquidity brought about by the phenomenal growth of debt funds.

The record amount of capital raised by these funds continues to increase at a seemingly historic pace as institutional investors see debt as an opportunity to achieve attractive net returns with far less risk than equity investment,

A 113-bed assisted living and memory care facility in Glendale has received $59.4 million in debt and equity financing, banking firm Dekel Capital announced Jan. 29.

The facility, Sage Glendale Senior Living, is being developed by Willis Development. When completed, it will have 81 assisted living units, 24 private memory care units and four semi-private memory care units.

East West Bank gave a $38.7 million construction loan.