Active Adult

By Matt Valley DALLAS — Favorable demographic shifts are providing a strong tailwind for the active adult sector, says Caroline Clapp, senior principal of research and analytics at the National Investment Center for Seniors Housing & Care (NIC). Individuals in the 65-to-74 age range represent the fastest-growing renter cohort in the United States, Clapp noted during her recent “Data Dive” presentation at InterFace Active Adult in Dallas. In 2010, this age group accounted for slightly more than 6 percent of all renters, according to the U.S. Census Bureau. By 2024, that figure …

By Hayden Spiess DALLAS — Ben Thompson, president and CEO of Maxwell Group and Senior Living Communities, has lofty standards when it comes to resident retention at active adult communities. “If someone moves out of one of our communities, it should be because of death or another really extenuating circumstance,” he insists. “Even in those cases, if they truly loved where they were living, they wouldn’t move unless absolutely forced to.”  Thompson’s comments came during a panel on programming and culture at the InterFace Active Adult conference in Dallas. Hosted at …

By Hayden Spiess DALLAS — As a subsector of the seniors housing industry — and commercial real estate more broadly — the active adult product type has impressive resident retention rates, according to Zach Crowe, managing director at The Carlyle Group.  Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Crowe has led the company’s efforts in the active adult space for roughly 13 years and reports that Carlyle has …