The senior living industry is a vital pillar of our society, providing care and community to an aging population. However, it faces unique challenges and evolving trends that facility owners and insurance buyers must address to thrive. Here's a detailed look into the current market outlook and what it means for your business. Key Trends Shaping the Industry The senior living market is undergoing significant changes, both from external economic factors and internal industry developments. 1. Rising Property Rates Property rates continue to rise, making it more costly for facility owners to maintain and expand their operations. The main drivers...The post 2025 Market Outlook For Senior Living Facilities appeared first on Kapnick Insurance Group.
Kapnick is a Michigan-based brokerage firm that offers services such as personal insurance, risk management and employee benefits for individuals and businesses.