Seniors Housing Properties Get Strong Returns
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According to NIC’s forecasts, over the next year, a balanced market in terms of both demand as measured by absorption and the amount of new inventory coming online in those four quarters is anticipated.
PHOENIX—“When you start comparing seniors housing to other property types, it becomes clear that it lacks the transparency that other property types have.” That is according to Chuck Harry, managing director and director of research at NIC.
Harry joined other panelists at the recent RealShare National Healthcare Real Estate 2015 conference, where he explained that that one positive thing in the sector is the adult children awareness of seniors housing, which he says has increased. “They look at the communities as an enriching place to live now… Many folks have difficulty facing their aging and raising acuity levels that go with that.”…
