Beth Burnham Mace, chief economist and director of outreach at the National Investment Center for Seniors Housing & Care (NIC) returns to the Common Area podcast to discuss the current state of the seniors housing industry and what that means for potential investors.
The seniors housing sector is continuing to deal with the lingering effects from the COVID-19 pandemic, including lower occupancies and higher expenses, which are squeezing net operating incomes and weighing on transaction activity. Yet the 2021 WMRE / NIC Seniors Housing Survey shows growing confidence in the sector’s outlook, including improving fundamentals and a rise in investment activity over the next 12 months.
David and Beth discuss:
- An outlook for the seniors housing industry for 2021 and 2022
- How COVID-19 continues to affect seniors housing operations and fundamentals
- What factors are affecting the overall trajectory for the sector
- How REITs and other players have remained active investors in the sector and remain bullish about it's long-term prospects
- And more
Tune in now to hear the discussion.