PHOENIX: A growing development pipeline is not dampening the outlook for the seniors housing sector. Research shows that industry participants remain optimistic about improving fundamentals and investment opportunities in the sector.
The big story of late in the seniors housing sector has been the uptick in construction. In fact, the greatest number of units came online in the second quarter of this year compared to any other quarter in the past six years. As of the second quarter, construction versus inventory over the previous 12 months grew by 4.2 percent for seniors housing and 0.7 percent for nursing care…