Senior living as a broad segment category in commercial interiors has been a growing market for several decades for many Starnet members. The industry has been supported by the demographic trends as well as the carefully mapped business strategies of the developers and operators.
The Centers for Disease Control and Prevention (CDC) reports from 2016 show nearly 30,000 residential care communities in the U.S. support nearly one million licensed beds. In addition, nearly 16,000 nursing home facilities support nearly 1.7 million licensed beds. The numbers are likely underestimated. The increase in various senior living facility types available from property developers may not be represented in these figures. This market represents at least a few hundred million square feet of space Starnet member companies help to manage so that patients can thrive as they move through life stages.