Senior Housing – Corona Time – May 6th

Air Date: 05/06/2020

While Covid-19 has brought news of deaths in some senior properties, it has been good news for residents of better run facilities. The lock down, professional staff and strict safety measures in most properties may be providing safer environments for seniors than being at home. The question is how COVID will impact the sector moving forward. How will properties perform with potentially higher COVID related expenses and less new tenant traffic from the lockdown of these facilities? Are transactions closing? Will 2020 be a buyer or sellers’ market?  Senior housing Broker Ernie Anaya joins host Michael Bull for a look at the current market and the future of senior housing.

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