While the nation’seconomy may be on shaky ground, market fundamentals remain strong for theseniors housing and care field, according to a new report from the National Investment Center for the Seniors Housing & CareIndustry. For both theassisted living and independent sectors, demand continued to grow in the firstquarter, investigators found. “We’rereally not seeing a significant amount of stress on the industry as of yet fromthe spillover of the residential housing market and economic slowdown,”said Michael Hargrave, vice president of NIC MAP.
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