Did you know that here in the US one baby boomer is turning 65 every eight seconds?? That is a shocking statistic. That rate is going to continue for the next 20 years!
With the lack of construction financing over the last several years my guess is that there is going to be a significant shortage of Seniors Housing and long-term care facilities across the country. What does that mean for you?
Current facilities, especially those with land to expand, are going to be extremely valuable. Now would be an ideal time to look into selling your seniors housing or long-term care facility. You might be tempted to wait and time the top of the market. However, what happens if/when interest rates skyrocket? Waiting could result in that appreciation being wiped out with interest rate increases that erode buying power. We know the market is strong today and there is very little product available. With the low cost of capital and the current demand, now is also an ideal time to purchase. Call Ryan Saul(630-858-2501) or Email me to discuss the value of your facility.