Los Angeles
Senior housing investment activity is expected to pick up. In the US senior housing and investor care survey from CBRE, 62% of investors questioned said they plan to increase senior housing purchases over the next 12 months, while 34% of respondents said that they plan to make no change to their level of senior housing acquisitions.
Investors are primarily focused on lifestyle senior product. Both independent living facilities and assisted living facilities received 28% of votes for the most preferred seniors asset class. Active living came in third place with 22% of respondents choosing it as the top choice for investment this year.
Positive demographic trends are driving activity in the space with nearly 9,000 people turning 70 every day this year. As a result, investment activity is expected to remain healthy through the rest of the year.
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Kelsi Maree Borland
