WALTHAM, MA–Boston Real Estate Times, the region’s integrated online, print and video real estate magazine, announced that Senior Living Residences founder and CEO Robert Larkin will be the featured speaker at the 9th Annual Boston Senior Living Summit on Feb. 13 at Westin Hotel in Waltham, MA.
Mr. Larkin is credited with developing one of the first assisted living communities in Massachusetts. The summit is organized by the Boston Real Estate Times, area’s premier source of commercial real estate news and information.
Among the topics discussed this year include: rising healthcare costs, an ageing population, increased longevity, recent boom in senior living market and other key questions about the state of the senior living industry in 2019 and beyond. How does 2019 and beyond look like for assisted living, senior housing and health rehabilitation centers? Despite the demand, why has occupancy fell or remained flat and why were construction starts lower than expected in 2018?
According to the National Investment Center (NIC), inclusive of market rate properties with at least 25 units/beds, there are currently about 2.9 million units in slightly less than 22,100 seniors housing and care properties in the United States. The total market capitalization of this investment seniors housing and care property market is estimated to be between $250 billion and $270 billion.
Based on 2010 population estimates, over 20% of the 12 million households headed by persons at least 75 years old reside in seniors housing and care properties, according to the NIC.
Come and learn more about senior living industry.
Here the schedule for the Senior Living Summit:
Date: Feb. 13, 2018
Venue: Westin Hotel, Waltham, MA
7:15 am: Registration
7:15 am – 8:50 am: Continental Breakfast & Networking
7:55 am – 9:15 am: Panel discussion
9:15 am – 9:30 am: Networking.
Our featured speaker Mr. Larkin started Senior Living Residences (SLR) in 1990, developing one of the first assisted living communities in Massachusetts and building a management company. Over the past 25 years, SLR has brought numerous senior developments online to maximum operational and financial success. Mr. Larkin and his partners now own and manage over a dozen communities in New England.
Mr. Larkin is a leading authority on the development and operation of independent senior housing, assisted living, and Alzheimer’s care communities with specific expertise in tax-credit and tax-exempt financed projects. He has served in numerous leadership roles for the Massachusetts Assisted Living Association (Mass-ALA), of which he is a founding member, representing and advocating for the assisted living industry before various regulatory and legislative forums.
Mr. Larkin oversees SLR’s business development, regulatory compliance, service performance and quality initiatives. Prior to entering the assisted living industry, Mr. Larkin worked in the real estate development and syndication field. He also served in state government as director of the Massachusetts Securities Division, as Massachusetts Deputy Secretary of State, and as an elected representative in the Massachusetts Legislature.
Mr. Larkin received his BA from Boston College and law degree from Suffolk University.