The number of baby boomers turning retirement age is growing substantially. With the growing aging population, the existing senior living facilities and communities will be 900,000 to 1.5 million units short by 2030. Join Daniel Nickles and Stuart Keller, SVP Investor Relations at Lloyd Jones, as they discuss this senior housing crisis and the potential opportunities. Lloyd shares that the properties being developed are targeting the top 20% of earners and the bottom 20% in the form of tax credit communities. The opportunity now is to provide the ignored 60% middle market who cannot afford the brand new construction deals and are not qualified to live in the credit communities. If you are looking for other passive investing opportunities, then this episode is for you. So, tune in and enjoy!
Outline of the episode…
- Stuart’s story
- Demographic shift and why we must be paying attention
- What’s happening in the senior living space right now?
- What’s the future of senior living?
- Advice for passive investors in assisted living.
- And more!
About Stuart Keller…
SVP Investor Relations-Private Investors
Stuart brings his fifteen years of experience in operational leadership, asset management, and financial analysis to the firm’s syndication division. This division provides the opportunity for accredited investors to participate in the ownership of institutional quality real estate.
Most recently, Stuart led the firm’s asset management division, overseeing more than $500m in acquisition, dispositions, and the financial stewardship of the firm’s portfolio of 5,500 units throughout the United States.
Stuart earned his Masters Degree in International Economics from the University of Oklahoma, and a Bachelors degree in Managerial Economics from Oklahoma City University.
Connect with Stuart Keller here…
Catch The Two Smart Assets Real Estate Investing Podcast here…