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GlobeSt.com SPECIAL: Investor Demand for Seniors Housing Slows

ORLANDO-Buyers of independent living facilities can still realize a cash-on-cash return on equity of between 10% to 15%, and a return of 20% to 30% on an equity-yield basis, Bradford L. Johnson, managing director/principal, Integra Tampa Bay, Tampa, FL, tells GlobeSt.com.

By Alex Finkelstein | Updated on August 06, 2001

ORLANDO-Although Wall Street opportunity funds are ogling the seniors housing market and lenders are listening more and delivering on loan requests from well-capitalized properties, the product still isn’t the No. 1 choice of the local investment world.

In Central Florida, Bradford L. Johnson, managing director/principal, Integra Tampa Bay, Tampa, FL, tells GlobeSt.com he isn’t seeing the same enthusiasm for investments in senior housing that are evident in Texas, California, Illinois and other seniors shelter markets.

Buyer/investor demand is “less than it was a few years ago,” Johnson tells GlobeSt.com. “Demand has slowed down.”

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