Senior Housing
The aging Baby Boomer population is attracting more investment capital into this sector in terms of acquisitions, development, and property renovations. Senior housing properties aim to provide both housing and services to seniors and are generally split up into categories based on the level of care provided.
Independent Living: Designed for seniors who require little or no assistance. These properties often cater to residents who are 55+ with a variety of on-site amenities and social programming for active seniors.
Assisted Living: These licensed facilities combine housing with a variety of personal support services, such as transportation, meals, laundry, and healthcare assistance.
Nursing Homes: Properties are generally licensed and provide 24-hour skilled care for chronic and short-term conditions that require medical and nursing care.
Memory Care: The long-term care facilities are designed for people with a level of mental impairment, such as dementia, that makes it unsafe for them to continue to stay at home but who do not require the intensive care of a skilled nursing facility.
