Senior Housing News August 13, 2024
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Last year, operators and properties, particularly in rural and tertiary markets, faced “death spirals” of stagnant occupancy and rising expenses.
In 2024, conditions behind that trend have not abated, and some of those properties are now being snatched up by well-capitalized players. In the meantime, there has been positive signaling from the U.S. Federal Reserve that more relief is on the way. The Fed has indicated it’s open to two potential interest rate cuts — one before the year’s end and another potentially in 2025.
This has caused some senior living companies to prepare sidelined development efforts as the starting block for future development, and it has spurred on others to take...
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