MIAMI: There are now too many Real Estate Investment Trusts (REITs), hedge funds, private equity assemblies and public companies chasing too few high quality seniors housing managers.
The imbalance will lead to a growing gulf in returns in 2016.
The money flooding the over 50s housing asset classes will inevitably lead to the commissioning of more marginal management companies and the blighting of the sector and the diminution of its investment lustre…..