1mflourish's Podcast

Calvin Schnure, Senior Vice President, Research & Economic Analysis for Nareit shares with us his thoughts on the 2021 senior housing market.Impact of the pandemic on senior living communitiesWhat has been the impact on occupancy rates?What has been the financial impact of this on the communities?What is driving this lower demand? Is it preference or fear of COVID, or are there bigger macroeconomic factors at play here like unemployment?What makes the recession caused by this pandemic different from other historical recessions?What will the impact of this difference be on senior living real estate specifically?What have been the most effective ways senior living communities curbed the spread of the pandemic?What role does educating the residents play in keeping viral spread to a minimum?What has been the most effective way to communicate the danger to seniors living in these communities?Has this varied based on the health level of the seniors? For example, I imagine it’d be much more difficult to explain