Here are some supporting facts that prove the long-term opportunities growing within the senior housing sector:
Senior housing industry is recovering after a historic disruption caused by the pandemic.
Occupancy rates across 31 major metropolitan areas are up more than 5% from a pandemic low of 78%, with a full recovery expected by 2024.
Slowdown in new construction presents an opportunity for the industry to absorb the new supply delivered over the past few years.
Demand for senior housing is expected to grow due to the aging population, longer lifespans, and the desire of investors to deploy capital in less competitive sectors.
Companies are focused on being proactive and managing expenses to continue growing the bottom line while holding off on new construction.
If you’re interested in learning how you can take advantage of the demand drivers in the senior housing market as an investor, visit our Contact Us page.