As America’s population continues to age, there’s never been a greater need for senior housing properties. And while the COVID-19 pandemic interrupted a growth cycle for senior housing, a recovery in market fundamentals is under way, with strong demand, moderating levels of new supply, and rising occupancy rates. However, the large and significant increase in interest rates since March 2022 has dramatically affected the capital markets and the ability to get financing for new development, refinancings, and acquisitions. Join Chuck Harry, NIC’s Chief Operating Officer, and Caroline Clapp, NIC’s Senior Principal, for this timely webinar as we discuss the results of the 2023 WMRE/NIC Investor Sentiment Survey, review the latest trends data, and revisit the investment thesis for this property sector. Other issues we’ll address include: - The wave of refinancings hitting the market
- The potential for valuation declines
- Investor sentiment toward investing in senior housing
- The effect higher inflation has had on operations
- The development pipeline
- The outlook for occupancy’s recovery
Don’t miss the opportunity to hear the latest views on these topics, the recovery path, and more. CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval. |