In the Nov. 4 Seniors Housing Business webinar “Seniors Housing Middle Market Conundrum — Development Challenges in Today’s Environment,” panelists Craig Abbott and Mike Edwin of Health Dimensions Group weighed in on the challenges of developing affordable products and services for the middle market. They describe demographic and development trends, plus strategies to meet changing needs.
“The pandemic exacerbated the development challenges for those in the middle market by bringing with it higher retail and labor costs, higher costs of operations due to regulatory requirements of disease and infection management, PPU increases, as well as other matters of shrinking the pool of available staff — and staff across the board” Mike Edwin explains.
Register to hear these experts define the middle market, discuss opportunities and difficulties in seniors housing and describe best practices and key steps in development.
See a list of some topics covered below:
- Identifying markets with supply gaps
- Construction costs
- Marketing plans
- Sites and partnerships
- Craig Abbott, Executive Vice President, Health Dimensions Group
- Mike Edwin, Vice President, Consulting Services, Health Dimensions Group
Webinar sponsor: Health Dimensions Group provides consulting and management services to post-acute, long-term care, and senior living providers.
To see past Seniors Housing Business webinars, click here. For more information on the seniors housing industry, subscribe to the weekly Seniors Housing Business newsletter or the bi-monthly magazine.