For years, retirement communities have largely operated on a one-size-fits-all model providing hospitality and healthcare services to a wide spectrum of residents, but the boomers are expected to usher in a new era that will impact senior living design and service offerings. “One of the advantages we see with the latest demographic trends is, there… Read More »
Assisted living communities have long struggled with being classified along with other types of institutional-type buildings such as hospitals and nursing homes. Under national building and fire safety codes, this has led to costly and sometimes unnecessary building features to adhere with codes that are not specifically geared toward assisting living resident safety. Until now.… Read More »
Construction: Planned The Tutera Group Plans $50 Million Kansas Retirement Community The Tutera Group, a diversified senior living and real estate investment company, is planning a $50 million senior living community on 18 acres near the former Mission Valley Middle School in Kansas City, Kans., reports The Kansas City Star. Mission Chateau would feature independent… Read More »
There’s debate about the best model for providing memory care services—either under the same roof as traditional assisted living or by itself in a specialized setting—but ultimately the key is doing a good job of providing a differentiated environment with individualized services depending on care needs. “Having a combined community is fine, because you can… Read More »
Construction: Planned Trilogy Health Services, Silvercrest Plan $20 Million Indiana Project Trilogy Health Services LLC is partnering with real estate developer Matt Chalfant, dba Silvercrest LLC, in a previously announced project to convert the former Silvercrest Children’s Development Center into a senior living complex. The project, located in New Albany, Indiana, would reportedly cost about… Read More »
The National Association of Home Builders’ Best of 50+ Housing Awards 2013 winners have been announced, honoring excellence in building, design, marketing, and lifestyles of housing for boomers and seniors with gold, silver, and innovation awards. More than 80 finalists were selected to compete for 36 categories, and this year’s contest introduced two new awards categories, Best… Read More »
Construction: Planned Hipster Senior Living Community? Pabst Planning Milwaukee Project Milwaukee Pabst Senior Housing LP, a New York City-based developer, is bringing back plans to build a senior housing community in two buildings in The Brewery in Milwaukee, according to The Business Journal. The plan for the development was first floated in the summer of 2011… Read More »
The need for memory care development is growing and many operators are rising to the challenge of providing it, but it’s difficult to determine the value of doing so through a stand-alone product versus as part of a continuum of care. The senior housing industry attaches more value to the care continuum model, although that… Read More »
Providing differentiating amenities, allowing for residents to age in place, and accommodating ancillary services are top trends to be aware of when designing senior living communities for the impending silver tsunami, according to a recent Building, Design & Construction Network article. BDC Network estimates that 5-8% of baby boomers will opt to live in… Read More »
Senior Care Tech Innovation Shines at TedMed 2013
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
Will Google’s Robo-Cars Drive Senior Independence?
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
“Digital Pills” Could Help Senior Care With More Than Just Meds
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
On the Record: Tana Gall, Partner & President of Leisure Care
Tana Gall, president of Seattle-based retirement community management company Leisure Care, made the leap into the senior living industry almost 19 years ago after being lured away from a job in advertising and marketing. Since then, she has used her extensive knowledge of her own company and the industry as a whole as she leads Leisure… Read More »
On the Record: Scott Brinker, EVP of Investments at Health Care REIT
One of 2012′s biggest senior living deals, the $845 million acquisition of Sunrise Senior Living by Health Care REIT, Inc. (NYSE:HCN) in a transaction that spun off the company’s management team and gave Sunrise investors $14.50 per share, was completed two weeks ago but continues to grow as joint venture interests are bought out. The… Read More »
On the Record: Alan Rosenbloom, President of The Alliance for Quality Nursing Home Care
The nursing home industry hasn’t exactly had the easiest of paths for the past fifteen or so years, especially after Congress’s Balanced Budget Act of 1997 attempted to restructure the Medicare reimbursement system and ended up cutting about $16 billion from the program, instead of the originally intended reduction of about $9-10 million. Alan G. Rosenbloom,… Read More »
