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Relocation Often Goes Beyond Spouse and Kids

This net immigration of seniors moving to be closer to adult children has created a great dynamic of census growth in the market, and a recent acquisition involved three senior housing communities for added supply.

By Lisa Brown | Updated on November 29, 2017

Village at Mapleshade CA Senior living acquired The Village at Mapleshade as part of a three-property senior living portfolio.

PLANO, TX—With the continued influx of high-salaried positions throughout the metro, executive employees are relocating and often bringing another generation, i.e., parents, along in the process. This net immigration of seniors moving to be closer to adult children has created a dynamic of census growth in the market.

In order to provide supply for those transplants, senior living developments and acquisitions are quite commonplace. A recent acquisition involved three senior housing communities in Denton, Plano and McKinney.

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