Senior living has been making steady progress after surviving the body blow that the pan-demic delivered in its early days. Occupancy rates, as we note in our feature on page 28, have increased throughout 2022, with rents notching their most rapid increase in more than a decade. And like the larger category of healthcare real estate, investors are eager to buy these well-positioned, recession-resistant assets. And, again, like the larger category of healthcare real estate, this space also comes with challenges that can only be met by the most skilled men and women. On the following pages you will read about some of these professionals, as well as teams and companies that fit this requirement.

BRAD COMPETTY Brad Competty was instrumental during the merger of Lancaster Pollard, RED Capital Group and Hunt Real Estate Capital and the subse-quent formation of Lument, where he is now managing director. Based in Columbus, OH, Competty helps lead the firm's origination efforts for senior housing and healthcare clients throughout the Midwest. Since joining the firm, Competty has worked on almost $1 billion in trans-actions across the entire capital platform. Prior to his current role, he was focused on the analysis of senior housing, long-term care and acute-care organizations. He provided support on a wide range of bond transactions and mortgage loans for rehabilitation, new construction and refinance projects. His deep understanding of financing structures includes conventional bond financing, HUD-FHA, Fannie Mae and USDA programs, and he recently added bridge and bridge-to-HUD financing to his tool chest. Last year, Competty closed 16 transactions with a total loan amount of more than $188 million and he continued strong production to start this year with an $87 million facility via the HUD/FHA Section 223(f) program to refinance nine skilled nursing facilities with a total of 691 beds located in Ohio, Michigan and Wiscon-sin in collaboration with Atrium Centers. He is involved in several civic and nonprofit organizations related to seniors and community health that strive to make a difference in the community.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.