Bucking the trend

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While many economic indicators point to a recession, the opposite appears to be happening in the seniors housing and care sector. In fact, loan volume rose by $20.5 billion in the third quarter alone, according to a new report by the National Investment Center for the Seniors Housing & Care Industry. Pushing the upturn was a 481% increase in skilled nursing facility placements. It remains to be seen how long eldercare will continue to attract funds. But the sector's growing strength offers a sharp contrast to other parts of the nation's economy.


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