Senior Housing News September 26, 2024
In order to meet growing demand for senior living, providers will need additional capital partners to enter the space, which could be through single-family offices.
That’s according to a recent blog post by Lisa McCracken, the head of research and analytics for the National Investment Center for Seniors Housing and Care (NIC). In the analysis, McCracken notes a recent data estimate from Deloitte that organized entities that represent family wealth of $100 million and above could increase to 10,720 by 2030.
“While existing capital will still have a seat at the table, we always need to be exploring additional partners,” McCracken told SHN in an email on Thursday. “We feel that family offices present a great opportunity for some...
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