Irvine, California-based senior living provider Silverado has launched a new pilot program to maximize functioning for its residents living with Parkinson’s disease, as well as to help reduce the stigma that surrounds the disease and other movement disorders. So far, the new program is being piloted in one community in Chicago and one in Houston. The new program […]
The senior living industry, like the American population, is in flux—and the amount of change is enough to keep industry folks up at night. Above all else, those in the senior living industry are most concerned about staff recruitment and retention, according to The State of Senior Living 2017 report from Perkins Eastman. The architecture firm surveyed almost 200 employees from […]
Florida-based Autumn Senior Living is touting a new model that provides more hands-on care than independent living but does not have as much care as a typical assisted living community. The idea is to offer guaranteed aging-in-place for residents without the entrance fee that is sometimes associated with continuing care retirement communities (CCRCs). The new […]
Construction: Planned Work to Begin Soon On Senior Living Facility in Virginia A 230,000-square-foot senior living facility is scheduled to break ground at the end of this March in Fairfax, Virginia. The project, by IntegraCare, will include 91 independent living units, 79 assisted living units, 24 memory care units and 16 units for high-acuity patients. […]
For the second time in three months, The Federal Reserve raised its benchmark interest rate Wednesday. Share prices for senior housing real estate investment trusts (REITs) rallied following the news. The announcement Wednesday will result in a short-term rate increase to 0.75% and 1% for the federal funds rate, up from the current range of […]
As the number of aging baby boomers increases drastically in the coming years, where these older adults choose to live will no doubt impact the senior living industry. The population 65 and over increased from 36.6 million in 2005 to 47.8 million in 2015 and is projected to more than double to 98 million in 2060, […]
Construction: Planned Construction Set to Begin on New Senior Community Located in Wilmington, Delaware, HarborChase of Wilmington is set to be underway soon. The community will have 64 apartments for assisted living apartments and 32 for memory care. Residents will be able to enjoy a chef’s fare dining program with seasonal options and a customized […]
Ventas Inc. (NYSE: VTR) is indeed out as a potential buyer of Brookdale Senior Living (NYSE: BKD), Ventas CEO Debra Cafaro confirmed Tuesday morning. She also weighed in on where the nation’s largest senior living provider should be focused. “We believed internally at Ventas that it was necessary and appropriate to make that clarification to our constituents […]
Six out of 10 people with dementia will wander and risk becoming disoriented, according to the Alzheimer’s Association. In senior housing settings, disorientation can lead to exit-seeking behaviors, which can increase anxiety, hostility toward others, fatigue and elopement. But for new as well as established memory care communities, there are design elements that can help […]
Memory care communities run the risk of feeling very institutionalized and similar to a lockdown facility, but now more than ever, developers and architects involved in memory care projects are adapting the small-house concept to communities to help residents thrive. The Dogwood Memory Care Neighborhood in Bloomfield, Connecticut, did just that, in addition to designing the community around […]
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