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<\/p>\nCOVID-19 generated widespread disruption in senior housing, as it did to almost every other real estate sector. Senior housing community occupancies dropped after move-in moratoriums were declared and new safety protocols drove up operating costs.<\/p>\n
Some observers, however, are finding reasons for optimism. For one thing, \u201cunlike many other real estate sectors, senior housing operators are collecting rents,\u201d says senior living and health care consultant Jim Moore, writing in news and analysis source McKnight\u2019s Senior Living<\/em>. And a research report issued by JLL in the spring, citing stabilizing occupancy and rent collections, noted, \u201cEight weeks into the COVID-19 pandemic, the seniors housing sector is showing signs of rejuvenation, once again proving its resiliency despite some early concerns.\u201d<\/p>\n Weighing in on the perspective of residents and their families, Boston-based Hebrew Senior Life, a nonprofit provider of senior health care and living communities, offers several reasons why this is a good time to move into a senior living community:<\/p>\n Necessities of life.<\/strong> Many communities offer safe delivery systems for food, medicine and other essentials, along with in-house maintenance, IT, housekeeping and security.<\/p>\n Health care\/wellness services.<\/strong> Some senior living communities provide onsite clinics for primary care, medication management, prescription refills and even physical therapy. There might also be dedicated fitness centers and outdoor spaces.<\/p>\n