COVID Impacts Senior Housing Construction

| John Ruffier


The impact of the COVID-19 pandemic is not limited to making it harder to sell a senior living community due to nervous buyers and lenders (although we are seeing a thaw). Senior Housing News reports that it has also caused a slowdown in the development of new senior housing product.

Not surprisingly, many are taking this time to re-think facility design to enhance their infection control capabilities – a wise choice as many believe that outbreaks similar to COVID-19 are likely to become more common.

Those who use this pause to wisely re-configure and re-structure to prevent similar infections in the future will almost certainly have a competitive advantage moving forward.

 

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