What the Baby Boomer Wants

As baby boomers move out of suburban homes, many are flocking to multifamily rentals, especially high-end apartments in urban areas, according to Mark Culwell, managing director of multifamily development for privately held real estate services company Transwestern.

“Everybody realized that the baby boomers were generating as much as 30% of the demand for multifamily products…which has been a little bit of a surprise,” Culwell told Senior Housing News. “You want a nice place to live and you want to be close to great neighborhood amenities. We’re seeing a lot of demand for that.”  Click below for more