Senior housing has consistently outperformed all other classes of commercial real estate from 2007 - 2017(1). People need healthcare and aging services regardless of economic condition. Even during the economic downturn of 2008 the occupancy rate for senior housing was never significantly below 90%.(3)
Senior housing offers an opportunity to diversify an investment portfolio across different geographic regions, levels of care, and styles of senior communities.
The top 50 senior housing providers control 33% of the independent living, assisted living and memory care supply. The average size of the top 50 providers is only 10,226 units per provider compared to an average of 31,012 units for the top 10. Only four providers in the Top 50 are publicly traded companies.(4)
With the oldest baby boomers reaching retirement age after 2010, the 65+ population is expected to grow to 73 million by 2030, an increase of 33 million in just two decades. By 2040, the 80+ population will be over 28 million, more than three times the number in 2000.(5)
What Seniors & Families Want
Close to retail shops, entertainment venues, & medical services