Strong occupancy, long stays and steady renewals make active adult communities a compelling investment. There are only about 800 active adult properties totaling 105,000 units nationwide, with the highest concentrations in the Northeast, Southwest and Pacific regions. Unlike assisted or independent living facilities, active adult properties carry no clinical staffing costs and no food service operations. Penetration remains low, with just 0.5% of U.S. households aged 65 to 84 served by active adult rental communities. Active adult rental housing is now backed by consistent demand and repeatable development strategies.