Nursing Homes are commercial real estate properties which are a form of senior housing and considered part of the congregated care centers classification. Congregated care facilities include assisted living and nursing homes which provide housing, human services, supplementary services, etc to their residents with nursing homes providing a higher level of complex medical care and social services to improve the quality of life of their occupants. These properties are also often developed into an apartment/hotel format and the property type has a growing market driven by our aging population, increased life expectancy and desire for improved quality of life of this demographic. There are lenders interested in this commercial real estate property type and provide funding for purchasing, refinancing and new construction with attractive rates and terms.