After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]
Tellatin Short & Hanson Inc.
There’s plenty of room to grow in memory care, but it’s not a quick fix, say those who have studied the market and successfully made inroads into it. “Is the product needed? Absolutely,” says Joe Weisenberger, vice president of senior housing for Health Care REIT (NYSE:HCN). “But the modeling has to be done right.” The […]