COVID-19 has upended the seniors living industry.
According to a recent report from Marcus & Millichap, the pandemic has dramatically reshaped the sector and will leave a lasting impact on daily operations, safety protocols and community design.
Others see similar trends in senior housing. "COVID has pushed revenues down in seniors' housing," Greg Limoncelli, a partner with Akerman, told GlobeSt in an earlier interview. "It has pushed expenses up and made people afraid to go into facilities. As a general rule, COVID has hit the industry hard." https://www.globest.com/2020/10/16/senior-housing-occupancy-hits-record-low/
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