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Senior Living Developers Face ‘Awful’ 2023 Outlook, Focus on Long-Term Value Creation

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At our annual BUILD event last week, The Springs Living CEO Fee Stubblefield quipped: “You guys may want to consider changing your name to HOLD instead of BUILD, with what’s going on in financial markets.”

Fee’s comment captured one message that came through strongly at the event, which is focused on senior living development and design. That message: 2023 is going to be a tough — even “awful” — year for new senior living development. And beyond next year, there are challenges and uncertainties that developers must address if they hope to be successful in the long term.

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The post Senior Living Developers Face ‘Awful’ 2023 Outlook, Focus on Long-Term Value Creation appeared first on Senior Housing News.

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