Senior housing not immune to recession


  • By
  • | 12:00 p.m. December 31, 2009
  • News
  • Share

Senior residential housing is feeling the pinch just like the rest of the housing market. For the second quarter of 2009, the latest data available, occupancies fell even as rent growth was modest in the Southeast and the Tampa area, according to the National Investment Center for the Seniors Housing & Care Industry. The organization tracks occupancies and rents for independent and assisted living facilities across the country.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content