Despite recession, demand for senior assisted-living housing is still strong.
According to an article in the Seattle Times, the Washington AL market is healthy and strong.
"There are more than 3,400 elder-care facilities in Washington state,
ranging from upscale complexes with all the amenities of a luxury hotel
for active, well-to-do residents to facilities providing
around-the-clock care for Alzheimer's patients.
The 65-and-over population is projected to double over the next
three decades, according to the National Council on Aging. The national
average age at which someone moves into some type of senior housing is
83 years.
Many seniors are financially healthy."
How is the AL market faring in your state?