The year ahead will likely be a dynamic one for senior housing and care, with unfolding trends that will shape the sector in meaningful ways for the next decade as boomers age into the demographic most likely to access housing and services. Five trends highlight some of the sector’s growth predictions for 2024.

Is 2024 the year of the “great reset?” Many groups and industry experts feel this year is going to be one of reconciliation. As transaction activity has dampened in recent years and bid-ask spreads were too large to move deals forward, anticipate an industry reset to the reality of current valuations. Additionally, as loans are maturing, some with short-term extensions from the past year, owners may need to make difficult decisions regarding equity contributions and revised valuations for existing assets.

A silver lining for distressed assets? While select groups in the midst of this reset may feel pain, pote