Senior Housing News September 6, 2024
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As new development remains tough to work out, senior living operators are shifting growth priorities and focusing on internal repositionings, renovations, and investing in key infrastructure to capture incoming demand.
Capital expenditures (CapEx) are a common budget line item for senior living operators, as they seek to remain competitive and current in a given market.
As new-development growth remains tough and costly in 2024, CapEx is a more affordable way for operators to achieve growth and improvement.
“Many of these markets are ultra-competitive, reflecting a demand from residents for higher-end amenities. We must...