Senior living developers might want to pay more attention to McAllen, Texas; Augusta, Georgia; and Virginia Beach, Virginia.
That’s because those are the three metro markets where conditions may be ripest for new senior housing development, according to a recent analysis from senior living development consulting firm Plante Moran Living Forward. The ranking was built using weighted scores for metrics indicating favorable penetration, activity, and performance.
Plante Moran Living Forward’s top 10 markets for new senior living development are as follows:
Plante Moran Living Forward
McAllen stood out as a relative unknown overall, but Plante Moran’s market watchers also noticed extremely low penetration rates there caused in part by a lack of senior living presence...Read More