The senior housing and care industry currently serves over three million residents in a rapidly growing demographic. The majority of residents in senior housing and care properties are over 80 years old, less than 15% of that demographic.
What you will learn:
Market area, digging into drive times, natural boundaries, census geography information and market data
Demand, supply, and competition, including demographic trends that are unique to both the resident and the adult-child, as well as existing and future supply
Indirect competition, in the form of both home and community-based services
Penetration rates, absorption, and occupancy, learning about capture rates and penetration rates, projecting absorption, and understanding stabilized occupancy trends in various markets
Labor market challenges, both nationally and regionally, and the impacts these challenges have on the industry
Emerging trends and innovation and the potential effects of market analysis.
Instructors:
Kevin McMeen,Lead Instructor Co-founder of MidCap Financial
Andrew Lavinder Financial Managing Director, Real Estate, MidCap Financial
Charles Turner CEO, KARE
Lory Brin Managing Director, Head of Healthcare Real Estate, MidCap Financial