The development activity in seniors housing is increasing, and anyone thinking about investing or lending in this market should attend tomorrow’s webinar.
Will 2016 be the year that sets the stage for the future of the seniors housing development market? There have been two sides of the story, those who think that demand will increase enough to counter the current uptick in development we have been witnessing. And those who see the rate of new development accelerating this year and into 2017 and 2018 that will have significant negative ramifications in some markets. Regardless of where you stand in this argument, construction starts seem to be rising, and seniors housing is still a hot topic in the world of real estate. Please join us tomorrow on our webinar as we discuss the ins and outs of development, including picking new development sites, stabilization periods, staffing new properties, what lenders look for, and what mix of unit type may work for you. We will also be discussing the impact that high acquisition prices are having on the increased interest in new development, and whether that may result in a continued development boom, or bust. See you tomorrow.