As more than 4 million Boomers are set to hit 80 years old in the next five years, adult and assisted living communities are on the edge of their own boom.
Senior living has long been a somewhat under-the-radar real estate play, with a somewhat unappealing reputation. But Ventas, a senior living real estate investment trust with a $31 billion market cap, is betting big on what CEO Deb Cafaro calls the longevity economy.