Investment in healthcare real estate increases alongside population growth, aging.

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Snapshot
Investment in healthcare real estate increases
alongside population growth and aging.
Source: JLL Research, Office of Economic and Demographic Research
Benjamin Landes | Benjamin.Landes@am.jll.com
• Florida’s warm and predictable weather has helped to establish it as a favorite destination for retirees, both as a
seasonal reprieve from harsh winter weather and as a place to live all year round.
• Florida residents over the age of 65 make up 19.8 percent of the population, compared with just 16.0 percent
nationally. Orlando’s senior population, however, is well below both of these at just 14.5 percent across the
Orlando-Sanford-Kissimmee MSA.
• Orange county had the lowest portion of seniors in the MSA at just 11.8 percent, compared to 25.7 percent in
neighboring Lake County.
• As the region grows in popularity and residents begin to age, the slice of the population over 65 is expected to
grow to 16.7 percent, or nearly 500,000 people by 2025.
• Developers are watching this trend and ramping up their investments in the healthcare sector. Tavistock’s Medical
City at Lake Nona is a 650-acre planned community centered around teaching and practicing medicine. Smaller
developments are also popping up throughout central Florida, currently four speculative medical offices are under
construction and a dozen more are proposed and expected to break ground in the next 24 months.
October 10, 2019
Orlando metro
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