From The Magazine

Some foreign countries have taken groundbreaking approaches to seniors housing, from innovative memory care concepts to large-scale luxury communities capitalizing on economies of scale. By Jeff Shaw Although private-pay seniors housing may be considered a niche asset class in the United States, it features a scale, maturity and sophistication that far outpaces the industry in other countries. But that scale means that parts of the industry are standardized. Innovations are happening in other parts of the world that still have fresh eyes for this type of housing — innovations that …

While ground-up construction has slowed dramatically due to a confluence of factors, contrarians are timing the delivery of new product to serve an aging population. By Jane Adler Post-pandemic, senior living owners and operators are rightfully focused on regaining occupancy and stabilizing their assets. Expansion opportunities have mostly been limited to acquisitions of troubled properties purchased at a discount. Inflation, relatively high interest rates, a tight labor market and even tighter capital markets have largely sidelined ground-up development.   But contrarian players believe now is the right time to build. …