McFarlin Group is launching a $100 million fund to acquire senior housing assets at risk of becoming distressed in part by the coronavirus pandemic. While many senior housing lenders and investors are retreating to the sidelines during the environment of peak volatility caused by the outbreak, the Dallas-based fully integrated senior housing firm is among investors looking to capitalize on the new landscape by leveraging supply and demand market disparities to their advantage, Managing Director Matt Johnson told Senior Housing News. McFarlin Group already planned on targeting distressed assets heading into 2020. A combination of supply and demand imbalances in major markets, an explosion of new construction in recent years, a flood of investors entering the space seeking opportunities for yields, and the trend of seniors delaying transitioning to senior housing until it becomes need-based make the market ripe for deals.
Read the full article: McFarlin Group Raising $100M Fund to Target Covid-19 Distressed Senior Housing //
Source: https://seniorhousingnews.com/2020/04/13/mcfarlin-group-raising-100m-fund-to-target-covid-19-distressed-senior-housing