Overbuilding remains a major concern for senior housing owners and lenders. Record levels of new supply outpaced demand in the first three months of the year, and the second quarter did not fare much better.
Those headwinds have not deterred capital from seeking a foothold in the saturated industry, however, JLL reports. Studies show 10,000 boomers turn 65 every day. As the second-largest living generation in the U.S. (more than 74 million Americans) continues to age, demand remains strong and the asset a hot addition for investors' portfolios.
These are the major trends stirring in senior housing coming out of spring 2017, according to research from commercial brokerage JLL.
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