Predictions for senior housing 2018
Supply: Currently too much supply in many locations
Lending: Long-term rates will remain stable and low
Differentiation: Cookie-cutter projects are being overbuilt. Demand is turning to housing developed around specialties like LGBT
Labor and wage issues: Low unemployment nationally means issues with attracting and keeping employees. Operators are starting to focus on developing worker loyalty
Services and amenities. Residents are starting to demand more services compared to older generations. But more amenities and services increase expenses.