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EXECUTIVE SUMMARY <br />o For -Sale Single-family <br />o For -Sale Multifamily <br />1,104 units <br />373 units <br />• In addition, we find demand for multiple senior housing product types. By 2024, demand in <br />the Ramsey Market Area for senior housing is forecast for the following: <br />o Active Adult Ownership 72 units <br />o Active Adult Rental 3 units <br />o Active Adult Affordable 65 units <br />o Active Adult Subsidized 22 units <br />o Congregate 109 units <br />o Assisted Living 27 units <br />o Memory Care 49 units <br />Recommendations and Conclusions <br />• Based on the finding of our analysis and demand calculations, the following chart provides a <br />summary of the recommended development concepts by product type for the City of Ram- <br />sey through 2030. Detailed findings are described in the Recommendations section of the <br />report. <br />MAXFIELD RESEARCH AND CONSULTING 4 <br />