Tranquilium provides market study services for seniors housing. There are many land sites that landowners seek to sell with the belief that their land is well suited for a seniors housing facility. Oftentimes seniors housing is determined as the best use because other uses of the site are clearly not feasible. Seniors housing is considered to be more recession proof and in great demand as the Baby Boomer generation becomes the senior generation.  True, Boomers are entering retirement in the thousands daily; although the case, Boomers are still young, between the ages of 46 and 64. The Assisted Living Federation of America reports the average assisted living resident is 86.9 years in age. The majority of residents of independent living are over 75 years old. The 75 to 84 age cohort is actually anticipated to decline over the next decade as the Silent Generation enters this cohort in smaller number then the Boomers will.

Tranquilium can help identify strong markets for seniors housing and provide feasibility analysis services for landowners and developers. For more information contact Ryan Housekeeper at 734-929-2250, ryanh@tranquilium.com.