The bet is that there are sufficient numbers of the affluent and aging in big cities who won’t want to leave their neighborhoods, even as they suffer cognitive decline.
Exclusive research shows continued confidence in improving fundamentals and a steady pace of investment sales.
Two product types will be the winners in the seniors housing race both in the short and the long term.
Jul 28, 2017
Despite some fears about the economy in general, industry insiders don’t see any signs of a slowdown in this specialized portion of the real estate world.
The New York-based investor said the deal would increase Sabra’s exposure to skilled nursing facilities, a business where profits are under pressure due to a shift toward different Medicare programs.
Concerns about labor shortages and rising labor costs are of paramount importance to seniors housing operators and owners.
The company is considering taking over one of its biggest tenants, a struggling skilled nursing facilities operator.
One-third of all growth is occurring in the following seven metro areas, based on NIC data.