Senior Housing News September 12, 2024
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The active adult boom is continuing in 2024 – and recent trends and data show it is likely to keep booming, as the property type is outperforming other types of senior housing on some key metrics. But that doesn’t mean active adult is easy to develop or operate, and a keener understanding of the active adult consumer will be especially important for success.
According to the latest NIC MAP Vision tally, there are about 800 active adult properties that total more than 116,000 units across the U.S. On average, these communities carry an occupancy rate of about 93%, which is significantly higher than the current senior living industry average. They are also...
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