#senior-housing

#senior-housing

Many of these older renters are likely living on fixed incomes or in rent-controlled properties that landlords now want to reclaim.

Dr. Adelman received the Teddy Witherington Award for her lifetime contributions to the LGBTQ+ community, exemplified by her founding of Openhouse and advocacy efforts.

Over the past two decades, the number of senior households considered severely cost burdened has nearly doubled, rising from 5.2 million to nearly 11.7 million.

"With an aging population, senior housing has a clear long run structural demand driver pointing to further growth in the sector. Our analysis shows rent prospects appear strong on the back of undersupply and solid wage growth," Pattison wrote. "That makes senior housing a compelling option for investors looking to break away from traditional property investment."