New York Real Estate Journal – Year in Review
Anthony Manetta2021-12-29T21:57:35+00:002021 Year in Review: Richard Foster, Cedar Communities December 28, 2021 - Spotlights Richard Foster Chief Executive Officer Cedar Communities What are your predictions for your industry in 2022? I believe senior housing as an asset class will continue to see increased occupancy numbers. Additionally, I believe interest rates will start to rise in 2022, which will reduce some of the cap rate compression that has existed in the industry, creating more buying opportunities for growing firms and increased transaction activity. I also believe the overall rise in interest rates coupled with changes in more national fiscal plans will result in an [...]