Senior Housing News December 4, 2024
Investing in CapEx and refreshing older properties has always been part of the senior living real estate cycle. In 2024 as new development remains tough, the practice has taken on a new importance.
How and why senior living operators undertake CapEx projects has shifted in recent years as operators have prioritized meeting the needs and wants of the incoming generation of older adults. In 2024, trends such as wellness and independence have informed the kind of projects these operators undertake.
As ground-up expansion has been hard to eke out, some operators have increased their CapEx budgets as a way to grow and evolve without expanding beyond their existing community footprint.
For operators like Sequoia Living and Life Care Services, the...
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