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How Are Baby Boomers Impacting Senior Housing?

ORANGE COUNTY, CA—While the younger Baby Boomers haven't yet entered this market, older Boomers are influencing it, particularly given their numbers and aggregate wealth, experts tell GlobeSt.com in this UPDATE.

By Carrie Rossenfeld | Updated on September 26, 2014

ORANGE COUNTY, CA—While the younger Baby Boomers haven’t yet entered the senior-housing market, older Boomers are beginning to change it, particularly given their numbers and aggregate wealth, experts tell GlobeSt.com. In our continuing discussion with senior-housing executives, we spoke with Alan Ursillo, SVP of JLL; Kasey Burke, president of Meta Housing Corp.; Al Rabil, CEO of Kanye Anderson Real Estate Advisors; Dan Prosky, founding principal of American Healthcare Investors and the president and CEO of Griffin-American Healthcare REIT II; and Chuck Harry, managing director and director of research and analytics for NIC, about how they feel the Baby-Boomer generation is influencing senior housing.

GlobeSt.com: Economic drivers show Baby Boomers are responsible for 80% of the aggregated wealth in America. What does this mean for the senior-living population as this generation enters senior-living communities?

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