Sr Cohousing Hits Mainstream Investing: Motley Fool
From: Ann Zabaldo (zabaldoearthlink.net)
Date: Thu, 19 Mar 2020 15:11:22 -0700 (PDT)
Hello all —

Here’s an article on investing in Sr. Cohousing that appeared in a Motley Fool 
newsletter.

https://www.fool.com/millionacres/real-estate-basics/real-estate-terms/senior-cohousing-the-next-senior-housing-investment/

On the one hand … YAY!  Invest in Sr. Cohousing!  Especially RENTAL Cohousing!  
FROM THE ARTICLE:  <Senior cohousing communities that are made up of rentals 
will be more like owning a rental portfolio of single-family homes. The 
cohousing rent model may become more popular as older people consider housing 
options that will allow them to have more flexibility.>  YES!  PLEASE INVEST!  

On the other hand…Uh oh.  Somebody needs to talk to the writer before this goes 
further.  He got some of the characteristics of cohousing kind of right.  BUT 
he is writing about a standard investment model which may not fit the nooks and 
crannies of cohousing.

For instance, I don’t understand this from the article:

Investing in senior cohousing requires a much different approach than most 
other real estate investments. Cohousing communities are basically 
neighborhoods that consist of like-minded people, so the investment strategy 
would be similar to developing a subdivision. < Other elder cohousing 
communities are a group of single-family rental properties.>  I KNOW OF ONE SR. 
COHOUSING RENTAL COMMUNITY IN AZ OR NM.  ARE THERE OTHERS?  WE CERTAINLY NEED 
RENTAL COHOUSING BOTH INTERGENERATIONAL AND SR. COHOUSING.

The writer doesn’t address the deeper aspects of collaborative development — 
especially the future residents having a say in the design and development of 
the community.  And having a say in many more aspects such as the Bylaws.  Many 
more aspects …

What do you think of this article?

Best --

Ann Zabaldo
Takoma Village Cohousing
Washington, DC
Member, Board of Directors
Mid Atlantic Cohousing
Principal, Cohousing Collaborative, LLC
Falls Church, VA
202.546.4654

I was going to make a joke about sodium and hydrogen, but NaH..


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