First-time players in the seniors housing industry still have a tough lesson to learn—that partnerships matter most in this niche property type. But there are more experts out there forming firms to help pair up inexperienced investors with established players.
The United States is starting to catch up to Europe at making buildings green, as politics begin to shift, states and major cities sign on with regulatory rules and more global-minded firms embrace energy efficiency, according to Charles B. Leitner III, chairman of the Urban Land Institute’s Greenprint Center for Building Performance.
Investors who want to jump onto the high-tech tenant bandwagon, but believe that that the prices have become too high, need not worry—virtually every industry that leases office will likely be adding a ton of tech jobs in the next decade.
Successfully packaging 14 apartment properties in a booming energy market with a rising population allowed Inland American Real Estate Trust Inc. to complete a portfolio sale to Greystar Real Estate Partners for $460 million.
The word “flexible” may not be strong enough for the current redefinition of the retail distribution center industry –how you sell and where you sell it from is changing almost as rapidly as the high-tech systems that caused the chaos in the first place.
As waiting lists and occupancies increase for seniors housing during the next 10 years, there will be a growing concern as to where to locate new properties—not just in finding the best markets, but also in how developers will have to deal with zoning restrictions and community objections.
Growth is slowing in the seniors housing sector with the first half of 2013 showing flat to declining occupancy, the first negative trend since the first quarter of 2010, according to a recent report by the National Investment Center for the Seniors Housing & Care Industry.
Being careful is what hospital staff members routinely do for their patients—but it’s a relatively new concept to encourage health care property owners, developers and designers to be just as conscientious about the building itself.