EXCERPT: “There’s no doubting the importance of skilled nursing facilities to the healthcare system, but many are housed in aging buildings with crumbling infrastructures and outdated amenities. In some cases, they’ve outlived their capacity to provide quality care for seniors. Yet the buildings still exist, and this presents the quandary of what, exactly, to do with them. If not skilled nursing, then what? Repurposing them as affordable housing is one approach offered by Bill Pomeranz, managing director at Cain Brothers. Doing so can actually help to facilitate better care for seniors, not to mention a healthy financial return for investors, or what Pomeranz calls sponsors.” FULL STORY: http://bit.ly/2MqvQ7m