Greystone’s David Young and Sampada D’silva were featured in the August–September 2026 issue of Seniors Housing Business, sharing their perspectives on the evolving lending environment for seniors housing and healthcare.
In the Capital Corner feature, “Seniors Housing Lending Spigot Refuses to Fully Open,” Young discussed increasing competition among lenders, noting that bank spreads for seniors housing deals declined approximately 100 basis points during the first seven months of 2026. He also highlighted the entrance of new debt funds into the sector and signs of renewed activity in construction financing, with Greystone seeing more requests for new construction as stabilized seniors housing values have risen above replacement cost.
Looking ahead to upcoming loan maturities, Young pointed to strong sector fundamentals, including improving occupancy, rent growth and limited new supply, as factors supporting borrowers’ ability to refinance.
D’silva discussed the sectors and transaction types where Greystone sees opportunity. She identified skilled nursing and assisted living as areas of particular strength, supported by demographic demand and limited new construction. D’silva noted that Greystone’s conviction is strongest around acquisitions and refinancings, while constrained supply may also create selective opportunities for new construction in markets with compelling demand fundamentals.
Read more on pages 9 and 10 of the Seniors Housing Business August-September issue.