Survey Says: Seniors Housing a Best Bet

Heagler: “Increasingly, we’re seeing capital providers looking for opportunities, with more private equity and institutional capital coming into the industry.”

CHICAGO—The annual NIC Conference is only a few weeks past, but the message for seniors housing is clear, especially from the results of the annual survey produced by KeyBank Real Estate Capital at the event. And while it may not produce many surprises, the findings do provide solid affirmation of the market’s strength from the approximately 55 owners and operators who responded. In a slight twist on a traditional GlobeSt.com Q&A, we will provide the survey questions and results, with further insights from two SVPs of the firm: Carolyn Nazdin and Brian Heagler.

GlobeSt.com: Let’s start with the most obvious question: What was the major takeaway and were there any surprises over years past?

Brian Heagler: There weren’t many surprises. But there was a clear continuation of trends we’ve seen over the past year or two. Increasingly, we’re seeing capital providers looking for opportunities, and we’re seeing more private equity and institutional capital.

Carolyn Nazdin: And that’s just one reason why the high-level, overall sentiment remains very optimistic. To my mind, that’s a really important takeaway, because we’ve seen so much capital come to this sector.