On July 1, Haven Senior Investments announced that John Gonzales will be joining the company’s consulting and managed services team.
The move comes as the senior housing market continues to project growth. According to a report by the National Investment Center for Seniors Housing & Care (NIC), an estimated 73,000 additional senior housing units will need to be created yearly between 2025 and 2030 to meet growing demand.
Other reports indicate that senior memory care, a subset of general senior care and housing, will contribute to this growing demand. The Centers for Disease Control predicts 14 million people aged 65 or older will be diagnosed with Alzheimer’s by 2060 — nearly triple the number of diagnoses in 2020.
An aging population is also increasing the potential need for senior housing. “The aging of baby boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau.
Haven Senior Investments describes this projected growth in senior housing needs as a “demographic groundswell,” saying that senior housing and assisted living facilities offer “one of the very best risk-adjusted opportunities in both commercial real estate and general domestic investment.”