Overdevelopment still affects the seniors housing sector, but industry experts are seeing inventory growth decelerating. “Oversupply continues to plague the senior housing industry. The bad news is the supply is still elevated,” says Lukas Hartwich, lead senior housing analyst at Green Street Advisors, a real estate research firm based in Newport Beach, Calif. “The good news is that the pipeline has been steadily shrinking, which suggest headwinds from new supply will continue to ease over the next couple years.” FULL ARTICLE |