News
Mutual Funds or Alternative Investments: Which are winning with the affluent investor?
We learned that affluent households invest significantly in both mutual funds and alternatives: 81 percent of respondents said they owned at least one mutual fund that was outside of an IRA, 401(k), 403(b), or other qualified retirement plan and 74 percent said they own some type of alternative investment.
Real estate is still the most widely held alternative investment, followed by exchange traded funds (ETFs), hedge funds/hedge fund of funds, and private equity funds.
NIC Study Shows More Seniors Living in Age-Qualified Housing; Those Willing to Consider Age-Qualified Housing More Than Doubled
Survey results show that the number of seniors who have moved to age-qualified housing has increased significantly since 1998. Twelve percent of age 60+ households in 2007 indicated that they lived in housing "planned specifically for people at least 55 years of age" compared to 7 percent of respondents in 1998. In this study, age-qualified housing refers to active adult communities, independent living, assisted living, continuing care retirement communities (CCRCs), 55+ apartments and rent-subsidized housing.
The U.S. senior housing opportunity: investment strategies.
by Lynn, David and Wang, Tim
Real Estate Issues • Summer, 2008 • FEATURE
With favorable demographic fundamentals and the achievement of higher yields relative to conventional apartments, we believe that the senior housing sector is emerging as an increasingly attractive investment opportunity. The senior population, defined as persons age 65 and older, is growing at twice the national average, with many baby boomers entering retirement. Consequently, the senior housing market is expected to transition from a niche market to a major specialized market, with the long-term outlook for this property sector becoming increasingly positive.
Journal of Property Management, SeptOct, 2007
Senior class: an aging population and increasing senior housing options will likely lead to a senior housing boom
With strong returns and increasing demand, the senior housing market is growing steadily. People have grown more accepting of senior housing for their parents and for themselves as the industry has evolved to offer more options and higher standards of care. Nevertheless, industry insiders said success in the sector requires expertise, solid funding and a willingness to roll with market punches--traits that weren't always in vast supply during the senior housing boom of decades past.
"For those who invest wisely in this business, it's a very good business to be in," said Bob Kramer, president of the National Investment Center for the Seniors Housing & Care Industry, a trade organization in Annapolis, Md.
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