Industry Analysis & Industry Trends
Favorable trends will continue to benefit the industry, as the population ages and requires more care. Improvements in the housing market will also support growth, since home equity can be used to pay costs associated with entry into retirement communities. Finally, industry operators will adjust services and facilities to attract more knowledgeable and educated residents by incorporating more technology and adapting to new markets... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Retirement Communities industry is highly fragmented, with the four largest operators accounting for about 13.7% of industry revenue in 2013. Based on total resident capacity, the top five operators of senior living facilities control only 9.0% of the market, according to the American Seniors Housing Association.
Consolidation slowed during the recessionary years of 2008 and 2009, when lending was difficult to secure from banks. However, banks and private equity entities are beginning to view retirement homes and assisted living as a desirable sector again, and the major real estate investment trusts in senior housing are well-positioned to invest again... purchase to read more