Real Estate
McFarlin Group Raising $100M Fund To Target Covid-19 Distressed Senior Housing
April 2020
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.
He believes there will be ample opportunities to acquire properties at a discount from lenders looking to remove underperforming properties or new communities in lease-ups from their portfolios.
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