Paul Freitag

You know, it can be built inexpensively.

I think for a lot of them, they would look to live in an SRO for a shorter period of time.

It really would be something where they might live for a few years as they're getting established.

It is a challenging environment in which to age, that as you age, you now need different medical equipment.

You might need a special bed.

You need walkers.

You might have a home health care attendant that comes in and helps you.

You might be wrestling with incontinence.

These are all things that are challenging to do in a dense environment that you have in an SRO.

Furthermore, our residents are very prone to communicable diseases, and we really saw that in COVID, but we see it every year with the flu.

And so it's not really necessarily the best setting in which to age in.