Tuesday August 6, 2024 @ 08:00 EDT
EXPLORING INVESTMENT, OPERATION AND DEVELOPMENT TRENDS IN TODAY’S HIGH-DEMAND ASSET CLASS
WHY SHOULD YOU ATTEND THIS SENIOR LIVING REAL ESTATE EVENT?
What You’ll Learn: Demand is returning to senior housing, once one of the nation’s hardest-hit asset classes by the pandemic.
How are investors driving the increased interest through recent acquisitions?
From assisted living to memory care, what do senior housing operators and property managers see as the most in-demand areas for today’s seniors?
From Dupont Circle to Chevy Chase, which DMV submarkets are ripe for senior housing development opportunities, and what attracts residents to these locations?
Which multifamily developers are moving into senior housing in the market and what opportunities do they see in the sector?
How are local and national policies ensuring accessible, affordable senior housing for all residents?
How to Get More Business Done:
From big risk to big recovery, experts are starting to see the senior housing sector reemerge as a CRE favorite after the devastating impact of the pandemic. According to NIC, occupancy rates in the 31 largest U.S. markets are expected to rise to 81.5% in the second half of 2023.
The Wall Street Journal reports that rent increases, while still below Q1 2020, look promising and are ahead of inflation. While the U.S. Census Bureau reports that there are approximately 73 million baby boomers, NIC data shows that only 10,000 new units were delivered last year, the lowest number in a decade, suggesting that a huge supply is being shortened as demand is expected to increase. Join senior housing senior housing owners, developers, researchers, investors, policymakers and more to learn how the DMV is preparing for a wave of new senior housing opportunities.
