Seniors Housing Growth
Colliers International Exec Sees Major Growth Ahead for Seniors Housing Market
Source: costar.com
"With large numbers of Baby Boomers starting to reach retirement age, the demographics have never been more favorable for expected increases in demand for senior housing and care, and both areas are becoming increasingly important niches for investors and commercial real estate companies. Colliers International has become the newest player to enter the space, recently announcing the formation of a Seniors Housing Practice Group under the direction of Mark Silver as its head."
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Comments
Interesting article highlighting a niche market that presents alot of opportunity.
A smart move, Senior Housing an ugly duckling of the past is no more. Baby Boomers are right around the corner and this niche market is a place to be for real estate practioners and investors.
- Lori Burger | Flag this comment for review