Pre-Conference Workshop

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