Senior Housing News November 24, 2021
After a halt in the development and construction of new projects in senior housing during the pandemic, growth is back — with investors and operators navigating economic challenges in order to seize demographic opportunities.
That’s according to data and insights shared during Senior Housing News’ recent BUILD conference in Chicago.
Construction lending and activity is rebounding as occupancy recovers, although inventory growth still is relatively slow, said Beth Burnham Mace, chief economist with the National Investment Center for Seniors Housing & Care (NIC). She sees development challenges and opportunities as roughly in balance at the moment.
Meanwhile, Des Moines, Iowa-based LCS has been able to keep its developments on track despite the pandemic, and is continuing to pursue its sizable...
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