Will senior living be a smart addition to your investment portfolio? In recent years, senior living has proven its market resilience throughout all economies providing a stable ROI for investors. With baby boomers aging, people living longer, and a general acceptance of the idea of assisted or independent senior living and retirement communities, senior living is poised to continue growing for years to come. 

In this #Highlights episode, we look back at our conversations with Brandon Schwab and Adam Benton. Having experienced first-hand the deficient care of his grandfather at a large, industrial-type senior living facility, Brandon vowed to improve the industry by starting his own senior living company that provides better quality care to the elderly. On the other hand, Adam talks about demographic trends in senior living and the similarities between the senior living model and multifamily. Listen now to learn all the reasons why it is good to invest in senior living! 

Key Points From This Episode: 

• A unique senior living concept and model to start your own business.
• Differences between typical large senior living facilities and the small senior living concept. 
• Why smaller senior living facilities are able to offer more care to residents than huge, industrial-type building facilities.
• Demographic trends in senior housing and in real estate in general.
• How senior housing is similar to multifamily.
• Reasons why senior housing is a good investment.
• Staffing structure and requirements of a senior housing facility.
• Staff reputation and ability to provide excellent care matter most in senior housing. 

Tweetables:

“This concept (senior living) is able to operate in all areas and it probably operates easier in towns where there aren’t tons of people.” –Brandon Schwab

“Because of that need-driven nature of the business, what we find is that in various economic conditions, there’s always demand.” –Adam Benton

Links Mentioned in Today’s Episode:

Brandon Schwab on LinkedIn

Shepherd Premier Senior Living website

Boutique Senior Living Fund website

Adam Benton on LinkedIn

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