Optimism in senior housing sector?

Senior living facilities poised well for the future ... National Investment Center (NIC) representative. Read the entire article. REjournals.com MONDAY, OCTOBER 19, 2009 by Murray Wolf Minneapolis-St. Paul Despite some rather discouraging data, purveyors of senior living facilities say that their business might be one of the most successful commercial real estate sectors in 2010 and beyond. That was a common theme of several of the sessions held during the annual conference presented by the National Investment Center for the Seniors Housing & Care Industry (NIC) Sept. 23-25 in Chicago. "So far, we have fared relatively well in this worst recession in 70 years, and we are poised well for the future," said Kathryn Sweeney, managing director, U.S. Senior Housing, The GPT Group, and NIC chair. Those comments were part of her "State of the Seniors Housing & Care Industry" presentation. Read the entire article: http://www.rejournals.com/news/213113-optimism-in-senior-housing-sector