Skip to Content
Close-up image of a United States map with a magnifying glass laying over most f the continental USA
Article

Inside high and low senior living occupancy metros

November 25, 2019 / 10 min read

Senior living development consultant Jacob Boss discusses the opportunities and challenges for senior housing in two drastically different markets in this Senior Housing News article.

Nationwide senior housing occupancy is near a historic low, as many providers across the U.S. are grappling with oversupply.

But focusing on nationwide occupancy and supply doesn’t do justice to the nuances of the industry and to the individual markets themselves. Even in some of the nation’s lowest-occupied markets, savvy providers still can carve out successful niches. And in high-occupancy markets, achieving success is more complicated than “build it and they will come.”

To gain further insight into the opportunities and challenges for senior housing in two drastically different metros, Senior Housing News connected with developers, providers, and industry experts, including Jacob Boss, a senior consultant with senior living development advisory firm Plante Moran Living Forward.

Read the full article to hear Jacob and other experts weigh in on the factors underpinning occupancy rates and offer hints as to where the markets may be headed.

Read More

Related Thinking

Camera looking out over a real estate development.
August 7, 2024

Senior Living Market Snapshots: Mid-Year 2024

Article 10 min read
Senior living development of repositioned homes, with one home complete and sold and the others along the street under construction
June 28, 2024

Repositioning strategies for the next generation of senior housing

White Paper 9 min read
Two seniors at a senior living community on a bench in the foreground with the building in the background
June 20, 2024

2024 Governance Webinar Series: The Future of Health Care Services & Consumer Preferences

Webinar 1 hour watch