The demographic of age 80+ baby boomers is projected to grow by 25% in the next five years and nearly double in the next ten years.
The United States 80+ population is expected to increase from 14.7M today to almost 23M by 2035.
Limited supply of new senior housing development with a significant projected need for 250,000 new units by 2027 and 500,000 new units by 2029.
Revenue Growth
Revenues increased by approximately $0.7M, showing an 8% growth compared to Q3 2024.
Expense Management
Expenses rose by about $0.4M, indicating a 6% increase since Q3 2024.
Occupancy Improvement
Occupancy increased from 91% in September 2024 to 96% in September 2025, a positive trend for the Company.
- The growing demographic trends and limited supply indicate a promising future for senior housing demand and the Company's portfolio.
- Operational risks such as high turnover and increased expenses need to be managed for consistent operating income.
- While sales of senior housing properties have increased, cap rates remain stable with potential changes expected if interest rates decrease.
Strategic Student and Senior Housing Trust continues to navigate operational challenges and evaluate strategies to enhance shareholder value amidst a changing market landscape.