Starting September 23, 2024

Washington, D.C.

Sessions

Tuesday, September 24, 2024

Active Adult Forges Ahead: Examining Opportunities and Challenges to Scale and Long-Term Performance

Session Type: Main Stage



Date and Time:Tuesday, September 24, 2024 | 11:30 am - 12:30 pm

Speaker

Jeff Patterson

CEO and Co-Founder

Sparrow Partners

Speaker

Michael Joseph

President

Clover Group. Inc.

Speaker

Taylor Sealey

Vice President

The Carlyle Group

Speaker

Michael Levine

Senior Managing Director

Greystar Property Management Services

Speaker

Matt Wallach

Managing Director

Walker & Dunlop

Moderator

Mitch Brown

Principal Consultant

Senior Housing Consulting

Age-qualified, active adult rental communities continue to evolve as a property type and are now recognized as an important part of the senior living continuum. This multidisciplinary panel discusses the potential for this dynamic segment to meet the looming housing demands from the largest demographic wave in the history of seniors housing, along with realistic recommendations and lessons learned from the first wave of new supply.

What You’ll Discover / Key Learnings

  • How the rapidly growing active adult sector will avoid the challenges that senior living encountered during its rapid growth in the early 2000s (think: oversupply, operator failures/consolidation, and more).
  • Key lessons learned from the “first wave” of active adult supply, and how these learnings should inform investors, developers and operators going forward.
  • How the continued evolution of product types, amenities, and operating models in response to consumer demand will be supported by capital and operating expertise.

Session Goals

  • Inform and educate senior housing investors, operators and developers interested in the active adult segment on key issues involved in successfully scaling this growing part of the senior housing continuum.
  • Identify the most significant opportunities and constraints to scaling the sector and carry those forward to the follow-on Innovation Lab for a deeper dive and takeaways to be featured in future NIC publications including the updated 2022 White Paper as well as articles for the NIC Insider Newsletter.

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