Will Pre-COVID-19 Senior Housing Trends Help Fuel a Post-Pandemic Recovery?

Like almost every category in commercial real estate, senior housing providers have been affected by the pandemic with most reporting a decrease in occupancy as people stay away due to fears of infection and an increase in COVID-related costs. It remains unclear whether these factors will remain in play for the long term, although almost certainly they will be part of the landscape until a vaccine or effective treatment is discovered.

As these companies navigate uncharted territory one surprising guide may be a look at the sector before the pandemic struck. As has been previously noted many times, commercial real estate’s fundamentals were relatively sound pre-COVID and it is hoped that at least some of these characteristics will help carry companies through this current crisis.