Colorado is known for attracting people with active lifestyles and retirees are no exception, prompting developers to gear up for a growing senior population by adding thousands of units of 55+ and senior housing to the state’s existing inventory—far above national construction levels.
The second quarter of 2013 logged 8,840 units of various types of senior housing and care planned and under development in Colorado ranging from age-restricted, for-sale homes to skilled nursing, according to market research firm The Highland Group. Nationally, construction vs. inventory stood at 2.8% as of the second quarter of 2013, according to data from the National Investment Center for the Seniors Housing & Care Industry.
Read more...Developers Jump on Colorado's Senior Housing Surge - Senior Housing News
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