August 12, 2015 Comments Off on Is There A Surplus of Senior Housing? Views: 945 National News

Is There A Surplus of Senior Housing?

Analysts are expressing concerns that an over-abundance of senior housing is under development, raising questions whether builders are racing ahead of demand.

This increase in senior housing could lead to lower rents and higher vacancy rates.

As a result, some of the larger REITs including Health Care REIT, HCP and Brookdale Senior Living have seen their stock prices fall.

The development rush in senior housing is due to the large amount of people born after World War II who are aging, but with longer life expectancies. Many are not ready to enter the senior housing market. Developers are attempting to adjust to the growing senior population by creating a different type of housing experience, featuring more high-end amenities to attract additional tenants.


Tags: , , ,

Comments are closed.