Senior Housing is a commercial real estate category which consists of assisted living facilities, nursing homes, Independent living (senior age restricted) multifamily buildings, etc.  These provide housing for seniors requiring various levels of amenities and care, to improve, supplement or harmonize with their lifestyle. It is a specialized niche which caters to a market needing quality of life enhancements, special accommodations due to physical limitations, ailments or a desire to live at a property with other seniors.  This commercial real estate property type has a growing market driven by our aging population and increased life expectancy of this demographic still seeking to maintain a desired level of independence as long as possible or enhance their quality of life in their golden years. 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.