Review of Seniors’ Housing and Development Options: Short and Long Term Financing Strategies; Legal, Regulatory, and ComplianceConsiderations

Nov 2, 2015 6:00pm -

Speakers

Joe Hoffer
Partner
Cohen Highley LLP

Craig Robson
Lawyer
Robson Carpenter LLP

Peter Block
Director
CIBC Real Estate Finance Division

Day 1 - Tuesday, November 3, 2015

8:00
Registration Opens and Refreshments are Served
9:00
Opening Remarks from the Co-chair
9:20
The View from 30,000 Feet: What the Canadian Seniors’ Housing Market Looks Like Now and What’s on the Horizon
10:10
Networking Refreshment Break
10:30
Defining and Understanding this Complex Market; What Seniors Want, How Boomers Behave, theirPriorities and Perceptions of the Housing Options Available
11:15
Exploring Challenges and Strategies at the Provincial Level for Managing an Appropriate Response to Senior’s Housing Needs
12:45
Networking Luncheon for Delegates and Speakers
2:00
Through the Developers’ Lens: Challenges Faced by Developers in Building Projects Targeted to Older Canadians
3:15
Networking Refreshment Break
3:30
Navigating Local Issues and Challenges to Find Solutions at the Municipal Level
4:45
Closing Remarks from Conference Co-Chair and Conference Adjourns

Day 2 - Wednesday, November 4, 2015

8:30
Refreshments are Served
9:00
Opening Remarks from the Co-chair
9:15
Keynote Opening Address
9:45
The CORE Database: Building a Solid Foundationto Respond to Future Seniors Housing Needs
10:30
Networking Refreshment Break
10:45
Exploring Finance Models and Financial Incentives to Build the Housing Required to Meet Future Needs
12:00
Networking Luncheon for Delegates and Speakers
1:00
Luncheon Keynote Address Housing Design for an Increasingly Aged Population
1:30
Keynote Roundtable Navigating the Coming Demand: What is the Best Way Forward in Creating the Housing Options We Need for Seniors?
2:45
Networking Refreshment Break
3:00
Getting Ahead of the Trend toward Accessibility: Code Amendments and Other Initiatives
4:00
Innovating for the Future: How Taking a Creative Approach to Housing and the Move toward Age- Friendly Communities Can Improve Life for Seniors
5:00
Closing Remarks from the Co-Chair and Conference Concludes

Day 1 - Tuesday, November 3, 2015

8:00
Registration Opens and Refreshments are Served
9:00
Opening Remarks from the Co-chair

Kevin Lee
Chief Executive Officer
Canadian Home Builders’ Association

9:20
The View from 30,000 Feet: What the Canadian Seniors’ Housing Market Looks Like Now and What’s on the Horizon

Steve Hiscox
Senior Director, Valuation and Advisory Services Senior Housing and Healthcare
CBRE Limited

Arlene Etchen
Knowledge Transfer Consultant (Ontario)
Canada Mortgage and Housing Agency (CMHC)

  • New trends affecting the seniors housing marketplace;
    vacancy rates and levels of investment
  • What housing options are most in demand now, why,
    and how is this expected to change?
  • How financially ready are those in the 55+ age group
    to pay for their current and/or future housing needs,
    and how does this differ between the lower and upper
    end of this age group?
  • How are future housing needs expected to vary
    across Canada?

10:10
Networking Refreshment Break
10:30
Defining and Understanding this Complex Market; What Seniors Want, How Boomers Behave, theirPriorities and Perceptions of the Housing Options Available

Donald Shiner PhD
Associate Professor
Department of Business Administration and Tourism and Hospitality Management, Mount Saint Vincent University

  • Seniors are not one large block of people; there is
    a lot of variety among seniors themselves and in
    their personal situation, including finances, physical
    capabilities and ethnicity
  • Many do not want to leave their friends and
    community and so are staying in their homes longer,
    while others want to sell the family home, buy
    something cheaper out of town and free up some
    capital to fund their lifestyle
  • Many deny their true age, refuse to acknowledge
    that they will need help, and want to avoid retirement
    homes and long term care
  • What will motivate seniors to consider moving out of
    the family home? What types of housing would they
    consider attractive?

11:15
Exploring Challenges and Strategies at the Provincial Level for Managing an Appropriate Response to Senior’s Housing Needs

Janet Hope
Assistant Deputy Minister, Housing Division
Ontario Ministry of Municipal Affairs and Housing

Don Allen
Assistant Deputy Minister, Housing Programs and Finance
Saskatchewan Ministry of Social Services

  • The number of people with dementia is expected to
    double; how can provinces prepare?
  • Could there be better strategy coordination between
    health and housing authorities? Many health
    ministries have been promoting ‘Aging in Place’ as a
    cheaper alternative to long-term care, even though it is
    a factor in creating the housing shortage that is driving
    up land prices in larger cities making it unaffordable
    for developers of seniors housing
  • The health ministry goal of ‘providing the right care at
    the right place at the right time’ may necessarily need
    to include housing options, such as respite care
  • Funding seniors housing; a look at the different
    models out there, what seems to be working, what
    should be changed? And how are the needs of diverse
    groups currently being served?
  • There is a gap for those in the middle class who are
    not poor enough to receive public assistance and not
    wealthy enough to afford private retirement homes;
    how can this be addressed?
  • What opportunities are there for developers?
    What incentives could be considered that might
    make needed projects attractive for developers to
    undertake?

12:45
Networking Luncheon for Delegates and Speakers
2:00
Through the Developers’ Lens: Challenges Faced by Developers in Building Projects Targeted to Older Canadians

Peter Gregor
Director of Development
Nautical Lands Group

Teresa Fritsch
Senior Vice President, Development
Chartwell Retirement Residences

Greg Christenson
Owner/President
Christenson Group of Companies

Moderator:

Andrew Pariser
Vice President
RESCON

Getting any housing project off the ground and seeing
it to fruition is a complex and risky endeavor, and most
projects targeted to seniors also encounter additional
challenges.This session will explore the complex nature
of this business and examine many of the common
challenges including;

  • Obtaining financing for projects; what are the common
    pitfalls and potential solutions?
  • Navigating the planning process and the length of
    time it can take in some municipalities; would greater
    collaboration between planners and developers
    shorten timelines?
  • Competition for land with condo developers, who
    can afford to pay more, can a way still be found for
    developers to build projects geared to older adults in
    major cities?
  • The development charges imposed by municipalities
    can negatively affect profitability and affordability
    »» Is there a solution?
  • Building codes and regulations; There is at times
    a contradiction between code requirements and
    developer requirements, and there are no codes
    yet for assisted housing and memory care facilities
  • Finding the right neighbourhood, correctly anticipating
    demand and building for cultural diversity

3:15
Networking Refreshment Break
3:30
Navigating Local Issues and Challenges to Find Solutions at the Municipal Level

Nathan Wukasch
Planner
Town of Wasaga Beach

Sean Gadon
Director
Affordable Housing Office, City of Toronto

Scott Mackie
Manager, Planning Department
City of Edmonton

Moderator

Peter Thoma
Partner
Urban Metrics

  • How are municipalities – both large and small –
    coping with an aging population now, and what is
    the future forecast?
  • Many families’ first choice is to add suites to their
    homes for their aging relatives, yet many encounter
    zoning restrictions and NIMBYism. How can this
    be overcome?
  • What do municipal planners want to see in
    development proposals for older adults, and are there
    ways of working more collaboratively with developers
    both to expedite the process and obtain the best
    result for the municipality?
  • What are the challenges municipalities face in
    providing affordable housing, and administering and
    managing waiting lists for access? Are there changes
    that can and should be made to better serve the
    growing seniors population?

4:45
Closing Remarks from Conference Co-Chair and Conference Adjourns

Day 2 - Wednesday, November 4, 2015

8:30
Refreshments are Served
9:00
Opening Remarks from the Co-chair

Laurie Johnston
Chief Executive Officer
Ontario Retirement Communities Association

9:15
Keynote Opening Address

Simon d’Entremont
Deputy Minister
Nova Scotia Department of Seniors

9:45
The CORE Database: Building a Solid Foundationto Respond to Future Seniors Housing Needs

Bobby Towery
President
ProMatura Group, LLC

  • What the CORE database includes and the impact
    this information could have on the Canadian seniors’
    housing market
  • Progress of this initiative and its formal launch
  • How the database can be accessed going forward

10:30
Networking Refreshment Break
10:45
Exploring Finance Models and Financial Incentives to Build the Housing Required to Meet Future Needs

Michael Flanigan
Vice President, Development & Asset Strategies
BC Housing

Greg Christenson
Owner/President
Christenson Group of Companies

Brian Kimmel
Assistant Vice President, Commercial Financing
First National Financial LP

Doug Shinobu
Managing Director
Greengate Capital Corp.

Moderator

Kevin French
Seniors Housing Consultant
Altus Group

  • What are the financing options available to developers
    for housing targeted to older adults?
  • What do bankers and investors need to see before
    they will become involved in a project?
  • What are the tenure and financing options available
    for seniors?
  • What types of incentives work for developers?

12:00
Networking Luncheon for Delegates and Speakers
1:00
Luncheon Keynote Address Housing Design for an Increasingly Aged Population

Victor Regnier
Professor of Architecture and Gerontology
University of Southern California School of Architecture

1:30
Keynote Roundtable Navigating the Coming Demand: What is the Best Way Forward in Creating the Housing Options We Need for Seniors?

Thomas G. Wellner
President and Chief Executive Officer
Revera

Laura Stokes-Crain
Vice President, Sales and Marketing
Schlegel Villages

Greg Kalil
Managing Partner
Brookfield Financial

Deputy Mayor Mark Taylor
Co-Chair, Older Adult Plan Advisory Group
City of Ottawa

Moderator

Laurie Johnston
Chief Executive Officer
Ontario Retirement Communities Association

  • What types of housing are anticipated to be in
    greatest demand?
  • What is the current state of capital financing in the
    Canadian market and what will be the challenges
    going forward?
  • How will this industry evolve?
  • Do we need to re-think our approach to communities?

2:45
Networking Refreshment Break
3:00
Getting Ahead of the Trend toward Accessibility: Code Amendments and Other Initiatives

Ed Starr
Partner
SHS Consulting

Philip Rizcallah
Manager
Canadian Codes Centre National Research Council of Canada (NRC)

  • What are the things that need to be considered when
    designing housing for seniors?
  • Are there best practices and lessons learned?
  • As accessibility issues and alternative housing options
    become more important with an aging population, are
    building codes keeping pace?
  • How does the latest edition of the National Building
    Code of Canada address code issues specific to
    building seniors housing?

4:00
Innovating for the Future: How Taking a Creative Approach to Housing and the Move toward Age- Friendly Communities Can Improve Life for Seniors

Paul Brown
Chief Operating Officer
Schlegel Villages

Dr. Margaret Denton
Vice President
Hamilton Council on Aging

  • The UN/WHO Directive on building
    Age-Friendly Communities
  • How the City of Hamilton has responded to the
    Age-Friendly initiative
  • How age-friendly housing innovations can have a
    significantly positive impact on seniors’ quality of life
  • How Schlegel Villages has designed their approach
    to housing that improves the experience for both
    residents and their families

5:00
Closing Remarks from the Co-Chair and Conference Concludes