Seniors housing: Investor survey & trends
Headwinds behind the seniors housing sector are strong even in the midst of changing operator dynamics and continuing pressure on occupancy. With the first wave of baby boomers now hitting age 72, and with 10,000 a day turning 65, the seniors housing sector will likely see continued strength not just in 2018, but for the next few decades.
Seniors housing occupancy reached 88.8 percent at the end of 2017, down slightly from the same time last year. The year wrapped up with occupancy just above its cyclical low of 87.0 percent, reached during the first quarter of 2010, and below its most recent high of 90.2 percent in the fourth quarter of 2014. Demand is continuing with a healthy clip, but increasing new supply will continue to challenge occupancy rates in 2018.