Want to get a jump-start on upcoming deals? Meet the major Dallas-Fort Worth players at one of our upcoming events!
For now, the Metroplex suffers an overhang of senior housing supply, according to the speakers at Bisnow’s DFW Senior Housing event. But the situation isn’t hopeless: Demand is still strong, and projects in the right place with the right operator will attract residents.
National Investment Center for Seniors Housing & Care Chief Economist Beth Mace, whose organization has data on about 14,000 properties, outlined the big picture for national and DFW senior housing.
Senior housing occupancy nationwide has been declining for the last four years because of inventory growth, Mace said. Even so, demand is strong.
Occupancies nationally for independent living average about 90...Read More