Terrell Gates, CEO of Virtus Real Estate Capital, continues to stick to a “cycle-resilient” strategy that zeroes in on seniors housing, medical office and workforce housing.
NREI spoke with several seniors housing and financial experts to learn some of their picks for the top regions around the country for seniors housing development.
Thirty percent of JLL’s survey respondents ranked those property sub-types as “extremely desirable,” and another 56 percent ranked them as “very desirable.”
There are several headwinds that need to be addressed—if not this year, then soon, some industry experts say.
Kayne Anderson is the third developer to try its hand at high-end New York senior living, a niche of development aimed at serving an expected boom of well-heeled elderly.
Two product types will be the winners in the seniors housing race both in the short and the long term.
One-third of all growth is occurring in the following seven metro areas, based on NIC data.