Assisted living reigns.

The opinions of 27 industry leaders in the proprietary and nonprofit sectors of the retirement housing business who are involved with the development, marketing, management, financing and delivery of health care provided important contributions to the 1993 State of the Senior Housing Industry Report. Participants on the Senior Housing Industry Advisory Panel are identified on page 99. Their insights and opinions form the basis for this industry evaluation. While this report represents a general consensus of opinions from the industry panelists, in reviewing this material one should consider these comments within the context of local market conditions and individual investment criteria.