By Russell Dey | Multi-Housing News
Today’s senior housing market across the United States can be characterized by robust growth, opportunity and innovation spurred by the changing demographics and evolving needs of the target resident. Today, there is an abundance of capital, both debt and equity, chasing a limited amount of stabilized, quality product across the industry. This has produced a fiercely competitive environment in which newer entrants to the industry are starting to play a more prominent role. These new investors include predominately multifamily developers and private equity investors who have historically preferred more traditional core commercial real estate assets, and they are now becoming more and more comfortable with the asset class.