Senior Housing Market Outlook Report

What Does This Analysis Reveal?

$275 Billion Investment Shortfall

Aging and limited existing inventory combined with constrained new construction are on track to result in a $275 billion shortfall in senior housing by 2030.

Growing Senior Population

With a projected rapid increase in the 80+ demographic over the next 25 years, the demand for senior housing is set to surge.

Investment Potential

Recovering from recent economic challenges, including the pandemic and capital market fluctuations, the senior housing market presents a unique opportunity for investors.

Urgent Action Needed

• Insufficient Inventory Growth Rate: The current rate of senior housing development is on pace to produce new supply at a rate well below levels necessary to meet future demand, highlighting an urgent need for increased construction efforts.
• Projected Shortfall: Without intervention, the industry is projected to fall 50% short of matching the growth of the 80+ population by 2025, with only 25% of required units developed to date.
• Longer Term Deficit: Senior housing construction starts have declined to near historic lows. At current pace and penetration rates, the industry will need a more than 3.5-fold increase in development pace to bridge the gap in the next five years.