Episode 62: Breaking Down the Seniors Housing Industry for 2021 with Beth Burnham Mace
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Understanding the current situation for seniors housing affects everyone on different levels, whether you realize it or not. The seniors housing industry reflects how many other industries are doing, and is heavily affected by the state of the economy.
In this episode, David Bodamer sits down with Beth Burnham Mace, chief economist and director of outreach at the National Investment Center for Seniors Housing & Care (NIC), to discuss the current situation of senior housing in the US, and their predictions for the 2022 year.
David and Beth discuss:
- An outlook at the seniors housing industry for 2021 and 2022
- What the slow growth rate in seniors housing means for the future
- What the market for REITS looks like currently and the capital they have
- How COVID has affected the seniors housing situation
- And more
Resources:
- NIC Map
- Wealthmanagement.com WMRE Resources and Articles
- Seniors Housing Study
- NIC Fall Conference
- NIC Podcasts with Beth Mace
Connect With Beth Burnham Mace:
- NIC Website
- LinkedIn: NIC
- YouTube: NIC
- Twitter: NIC
- Facebook: NIC
- Instagram: NIC
- Vimeo: NIC
- LinkedIn: Beth Mace
Connect With David Bodamer:
- LinkedIn: David Bodamer
- Twitter: David Bodamer
- david.bodamer@informa.com
- Home (informa.com)
- WealthManagement.com
About Our Guest:
Beth Burnham Mace is the Chief Economist and Director of Outreach at the National Investment Center for Seniors Housing & Care (NIC). Prior to joining the staff at NIC, she served as a member of the NIC Board of Directors for seven years and chaired NIC’s Research Committee. Ms. Mace was also a Director at AEW Capital Management and worked in the AEW Research Group for 17 years. Prior to joining AEW in 1997, Ms. Mace spent ten years at Standard & Poor’s DRI/McGraw-Hill as the Director of the Regional Information Service. She also worked as a Regional Economist at Crocker Bank, the National Commission on Air Quality, the Brookings Institution and Boston Edison.
Ms. Mace is a member of the National Association of Business Economists (NABE), the Urban Land Institute (ULI), ULI’s Senior Housing Council and New England Women in Real Estate (NEWIRE/CREW). In 2020, she was inaugurated into the McKnight’s Women of Distinction Hall of Honor. In 2014, she was appointed a fellow at the Homer Hoyt Institute and was awarded the title of a “Woman of Influence” in commercial real estate by Real Estate Forum Magazine and Globe Street. Ms. Mace is a graduate of Mount Holyoke College (B.A.) and the University of California (M.S.). She has also earned The Certified Business Economist™ title (CBE) from the National Association of Business Economists (NABE). Ms. Mace is often cited in the Wall Street Journal, the New York Times, Seniors Housing Business, Seniors Housing News and McKnight’s Senior Living and has a bi-monthly column in the National Real Estate Investor.