Senior Living is a broad term and encompasses Retirement Communities (RC), Independent Living (IL), Assisted Living (AL) and Memory Care (MC) facilities. All of these are different, and beyond an apartment, the services packages may include meals, optional care giving services, housekeeping and others. 




There is clearly a great need and demand for Senior Housing nationwide for residents of all income levels, and many Investors are exploring these opportunities, however the development and operational success of the project begin with an in-depth market analysis that truly understands the nuances of a particular market that help in defining the appropriate location for the facility, and the amenity-package within the service area. 




The Industry Insiders understand how critical this is, however, many investors are not industry insiders and most developers and builders new to the industry surprisingly do not know how critical a market analysis is as a first step. Therefore, it is even more important to add an experienced developer or consultant to your team (early on) when considering Investing in Senior Living developments.




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