NEW YORK: The biggest influence on seniors housing pricing in 2015 will be USA based real estate investment trusts (REITs) which are being driven out of America by the twin constraints of a fully priced domestic healthcare market, and the impact of Obama’s Affordable Care Act on financial returns.
Pension fund managers around the world are also prepared to invest in riskier assets as they seek higher returns and their ability to select the best managers improves.
REITs are the receptacle for much of this cash, and the pressure is now on to place this money in the seniors housing/care sectors…