{"id":3680,"date":"2019-02-25T20:19:09","date_gmt":"2019-02-25T20:19:09","guid":{"rendered":"https:\/\/libertysbf.alliancetek.net\/?p=3680"},"modified":"2019-02-25T20:19:09","modified_gmt":"2019-02-25T20:19:09","slug":"news-roundup-cre-trends-that-will-dominate-2019-2-26-19","status":"publish","type":"post","link":"https:\/\/libertysbf.alliancetek.net\/index.php\/news-roundup-cre-trends-that-will-dominate-2019-2-26-19\/","title":{"rendered":"News Roundup: Healthcare space tightens as population ages…"},"content":{"rendered":"

Feds Update Congress, Economists Await Jobs Report<\/h3>\n

\"Man<\/a><\/p>\n

Last week the Federal Reserve reported to Congress that the U.S. economy had maintained \u201csolid growth\u201d in the second half of 2018. In its monetary policy report the Feds gave a mostly sunny outlook for the economy balanced against what Reuters<\/a> called \u201cemerging domestic and global risks.\u201d Economists are looking forward to this week\u2019s jobs report. Last month the report<\/a> showed better than expected results and that the job market continued to be a bright spot. Among the industries that led job gains last month were leisure and hospitality, construction, and health care.<\/p>\n

\n

Available Healthcare Space With Tighten Further in 2019<\/h3>\n

\"Office<\/a><\/p>\n

<\/a>In an article about medical properties in Houston, GlobeSt.com<\/a> talked about the tightening of healthcare space in some markets. The cause us that the number of people who are 65 and over is growing at a much faster rate than the population of people under 64-years-old. Demand for healthcare space in the US could top 225.8 million square feet by the end of 2019. In comparison, it is estimated that there was \u201c110 million square feet of available medical office space in existing and under-construction buildings in the US as of the second quarter of 2018.\u201d<\/p>\n

\n

$12.9M Healthcare Facility Closes with Liberty SBA 504 Loan<\/h3>\n

\"Medical<\/p>\n

A skilled nursing home in Tucson, AZ, recently closed<\/a> with the help of $12.9 million in financing from Liberty SBF. Liberty provided both the $8 million SBA 504 first loan and a $4.9 million interim loan to allow the transaction to proceed while the CDC portion of SBA 504 loan is being completed. Sapphire of Tucson Nursing & Rehab is the area\u2019s only privately-owned skilled nursing facility.<\/p>\n

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Florida Shines as State Where Most Seniors Want to Retire<\/h3>\n

\"Warehouse<\/p>\n

Assisted Living and Skilled Nursing Facility owners take note: It\u2019s true, older Americans really do prefer to retire to Florida. In it\u2019s Fun Statistics About Seniors section SeniorLiving.org<\/a> says that in according to the U.S. Census, the state had the highest percentage of senior residents (19%). Which state had the lowest? Alaska at 9.5%. Probably most obvious were the top reasons seniors gave for preferring the Sunshine State: warm weather and no state taxes.<\/p>\n

\n

The Enormous Opportunity for Owner-Occupied Healthcare Facilities<\/h3>\n

\"Doctor<\/a><\/p>\n

It\u2019s no secret that healthcare in the United States is big business. In 2017, Americans spent nearly $3.5 trillion on their healthcare, and the U.S. Centers for Medicare and Medicaid Services is estimating a 5.3% increase this year. By 2026, that spending is projected to reach $5.7 trillion.<\/p>\n

That growth has a whole range of implications, but today we\u2019re going to narrow in on what it means for the real estate market \u2013 more specifically, the market for owner-occupied healthcare facilities, and the ways that they can be a perfect fit for SBA 504 financing. Read more<\/a>.<\/p>\n

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How Can We Help You?<\/h2>\n

Liberty SBF offers quick closings for SBA 504 and conventional loans. We\u2019d love to help you.<\/p>\n

Let’s Talk. <\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Feds Update Congress, Economists Await Jobs Report Last week the Federal Reserve reported to Congress that the U.S. economy had maintained \u201csolid growth\u201d in the second half of 2018. In its monetary policy report the Feds gave a mostly sunny outlook for the economy balanced against what Reuters called \u201cemerging domestic and global risks.\u201d Economists […]<\/p>\n","protected":false},"author":1,"featured_media":3452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[13],"tags":[15,20,9,10],"class_list":["post-3680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sba-small-business-news","tag-commercial-real-estate","tag-healthcare","tag-liberty-sbf-news","tag-sba-504"],"_links":{"self":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/3680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/comments?post=3680"}],"version-history":[{"count":0,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/posts\/3680\/revisions"}],"wp:attachment":[{"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/media?parent=3680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/categories?post=3680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/libertysbf.alliancetek.net\/index.php\/wp-json\/wp\/v2\/tags?post=3680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}