There’s no question that investor demand for low-acuity health care just keeps going up, with memory care property far out in the lead—almost three out of four properties under construction include dementia-care units, either standalone or combined with another seniors housing type. There will be about 1 billion people who need some form of memory care worldwide by 2050, according to a recent survey of 6,000 people across 12 countries, conducted by the Chicago–based ...

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