By Dees Stribling | MHN Online
Capital One has released a survey of senior housing professionals that finds that 41 percent of them expect new development to offer the greatest investment opportunities in the coming year, followed by repositioning of older properties (26 percent). However, when asked about industry concerns for the next 12 months, more than one-third (35 percent) identified potential overbuilding as the top concern.
Nearly one-fifth (19 percent) of the respondents saw the potential impact of higher interest rates as their top industry concern, while 20 percent cited the continued influx of new capital. Fewer expressed worries about state-specific rate and operating environments (10 percent) or the lack of affordable senior housing (10 percent).
