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Despite a series of shocks to the seniors housing and care market, active adult has grown steadily in new developments, M&A activity and hype. Rising interest rates have increased the costs of new construction projects and acquisitions, but investors with a long-term view of the industry remain bullish on active adult and hope to be well positioned when capital costs decline and demographics create exceptionally high demand for their product. Read Ben Swett’s latest analysis on this emerging market segment.