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Senior/Independent
Senior-independent refers to any multifamily apartment complex where residents are required to be a certain age (usually age 55 or higher). These residential communities usually have few to no special amenities or resident care provided, and may be known as retirement communities, congregate living or senior apartments.
Related Terms: >> Apartments, Multifamily
Next >> Seniors Housing and Care
This site and the reports herein represent the most comprehensive data set of investment activity compiled for the commercial real estate industry. While no information in this highly fragmented market is perfect or all encompassing, Real Capital Analytics (RCA) has established rigid data collection and classification methodology including sourcing requirements and procedures to ensure information is accurate and timely.
RCA has attempted to conform wherever possible to the proposed standards and definitions of the Data Consortium (sponsored by NCREIF, PREA, NAREIM) and the Appraisal Institute. Any known deviations from these standards are noted.