NORWALK, CONN./ MAY 11, 2019 (STL.News)
The SeniorCare Investor will host an important webinar — The 55+ Active Adult Market: The New Frontier of Seniors Housing — on Thursday, May 16, 2019, at 1:00 PM ET.
As the age of entry into traditional seniors housing, such as CCRCs and independent living and assisted living communities, continues to rise, there has developed a gap between what is available for retired people and what those aged 60 to 80 may want. Part of the reason is cost, as most new seniors housing developments are somewhat luxurious and expensive, and part of it is not wanting to pay for services they may not need or want until much later in their lives. Although “active adult” communities have been around for quite a while, there is renewed interest in these limited service communities, and seniors housing developers, among others, are now building them.
Steve Monroe, Editor of The SeniorCare Investor and moderator of the panel, will pose relevant topics such as: Who is buying and building active adult communities and where; What the average monthly costs are and how that compares with full-service independent living communities; How quickly they fill up and why; What the cap rates are for active adult communities, and why they might go lower; Whether active adult is a stepping stone to traditional seniors housing and if it can be used as a feeder; If active adult communities are the best choice now since they don’t have to worry about any labor issues.
This is probably the one area of seniors housing where there is not an oversupply of units and where staffing shortages are not an issue. Plus, as construction costs are rising, active adult communities have a much lower cost to build. Since the vast middle market for seniors is currently underserved, this could be the next “big thing” for seniors housing. Join us to see why. Plus, you will have an opportunity to ask the experts your questions during the live Q&A. Our panel of experts will include Ryan Maconachy, Vice Chairman – Healthcare and Alternative Assets, Newmark Knight Frank, Ryan Frederick, Founder, SmartLiving 360, Michael Hartman, Principal – Active Living, Capitol Seniors Housing.
If interested in this topic, then don’t miss the live webinar on May 16, at 1:00 pm ET. If unable to attend the live webinar, a recording with be available the following day.
Please visit https://products.levinassociates.com/downloads/1905web/ or call 203-846-6800 for more information about this interactive webinar.