“Grow old along with me! The best is yet to be.”

— Robert Browning (1812–1889)

Senior housing investors have enjoyed a good run of solid investment returns for the past 10 years. Those who invested a decade ago have also witnessed the gradual maturation of a property sector that traditionally has not been on the menu of conventional or alternative investment options. Today, senior housing increasingly is being chosen as an investment option because it provides consistently high income returns, relatively steady and less volatile rent growth, and an inroad into a sector whose demand drivers are compelling, intuitive and understandable.

Moreover, there are many operators and investors who now have experience in the senior housing sector and have a handbook of lessons learned. While the sector has many of the same risks of other property investments, many of these are better understood today and the sector is po