In this episode, Sandy MacKay explores if Canada is entering a "golden era" for investing in seniors housing, drawing insights from Cushman & Wakefield's report. He delves into the challenges developers face, such as rising construction costs and limited land, while discussing stabilized operating costs and shifting generational attitudes post-pandemic. Sandy highlights the importance of choosing the right operator and examines prime site locations, including Ontario Land Tribunal's approvals. He also shares investment insights and property highlights in Dallas and Frisco, covering notable transactions in Denton County. The episode wraps up with closing remarks and gratitude.
(0:00) Is Canada stepping into a "golden era" of investing in seniors housing?
(1:31) Cushman & Wakefield's Seniors Housing Report and the 2025 forecast
(2:26) Challenges in development due to construction costs and land availability
(3:16) Stabilization of operating costs and generational shift in attitudes post-pandemic
(4:06) Importance of choosing the right operator for success and development opportunities
(5:16) Prime site location details, Ontario Land Tribunal's approval, and neighborhood amenities
(7:07) Investment insights and property highlights in Dallas and Frisco
(8:54) Notable transactions and property acquisitions in Denton County and Dallas market expansion
(10:00) Closing remarks and thank you