Senior Housing News February 28, 2025
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Ventas (NYSE: VTR) Executive Vice President of Senior Housing and CIO Justin Hutchens is not shy about the opportunity ahead for senior living operators.
As he has said before, the population of people aged 80 and older in the U.S. grew 4% in the years after the Great Financial Crisis. Between now and 2030, the population of people aged 80 and older is expected to grow 28%.
With that demand as the backdrop, Chicago-based Ventas is building up its growing senior housing operating portfolio (SHOP), with expectations for the segment to comprise half of its net operating income (NOI) by the end of this year, up from 43% now.
The company’s current...