We’ve talked about the new active adult sector a lot lately because a lot of people are talking about it. First, several years ago, our inboxes began filling with announcements of groundbreakings for this new product type, and as those accelerated in the last couple of years, we started to see more acquisitions of the communities, which had in many cases reached 100% occupancy in a matter of months.
More seniors housing and multifamily investors took notice, and as construction slowed throughout the pandemic and as operators dealt first with COVID then with lower occupancy and labor costs, the sector was seen as a supremely safe investment. And we had to agree.
But as the sector begins to mature, we have a lot of questions. Is this a fad or here to stay? Does active adult’s success translate to success for the other seniors housing sectors? Is it more of a seniors housing product or a multifamily one? How do values compare with other seniors housing sectors and with multifamily? And where can investors be tripped up going forward?
Please join us next Thursday at 1pm Eastern when our Editor Ben Swett will be joined by a panel of experts to discuss these issues and answer all of your questions too.
