Category: Assisted Living

Pension System Sees Potential in New $500 Million Senior Housing Fund

Senior housing development has caught the eye of many new investors of late, due to the growing senior demographic and onset of new construction and development rising to meet its needs.  And it has recently sparked the appeal of a Pennsylvania public school pension fund that plans to invest $100 million in the sector through… Read More »

Today Show: Not Your Grandmother’s Long-Term Care

Nearly 70% of Americans will need some form of long-term care, but changes in the way care is delivered and the increasing costs to provide it certainly presents some challenges, according to a recent segment of the Today show. Chatting with Today financial editor Jean Chatzky and Carol Levine, author of “Planning Long-term Care for… Read More »

What Rising Labor Costs Mean for Senior Housing Construction

As senior housing construction activity moves toward a high-growth period, labor shortages persist and continue to add pressure on construction costs, a new report by the American Seniors Housing Association (ASHA) shows. “Over the past two to three years, there’s been more availability of construction capital, coupled with a very hot acquisition market, so that’s… Read More »

In the Pipeline: Senior Housing Construction Projects (12/11/14)

Construction: Planned Alaska Developers Inch Forward on Proposed Senior Housing Complex Ward Cove Group is proposing to develop a senior housing complex in Alaska’s Ketchikan Ward Lake-Revilla Road area, a project developers say will address a shortage of housing options for senior citizens, reports local KRBD. Despite hesitation on the part of the Borough Assembly,… Read More »

NY Times: Senior Housing Not Cutting it on Meeting Residents’ Needs

Aging adults living in senior housing are more likely to have unmet needs than those living in their own apartments, homes or condos, research shows.  And the numbers are “unsettling,” writes Paula Span in a recent New York Times column.  Of those who had difficulty with activities of daily living (ADL) or received help with… Read More »

Research Shows Promise in Reversing Dementia Symptoms

Though countless research has attempted to cure, or at least delay, dementia in its earliest forms, a new study has shown promising results in reversing the symptoms for this incurable disease. Using a small sample of older adults living with dementia, researchers from UCLA suggest that addressing the many contributing factors of Alzheimer’s disease as… Read More »

Most Read: What the Future Holds for Assisted Living

In case you missed them… here are the top headlines grabbing SHN readers’ attention this week:  Forbes: What Will Assisted Living Look Like in 2020? — The changing needs and demands of senior housing residents are transforming the way assisted living communities operate, with many catering to residents with higher acuity than traditionally seen in years… Read More »

In the Pipeline: Senior Housing Construction Projects (12/4/14)

Construction: Planned Georgia Officials to Review Proposal for 100-Unit Senior Living Project The Cobb Board of Commissioners will review a rezoning request regarding a proposal for a new 100-unit senior living development in northeast Kennesaw, reports The Marietta Daily Journal. Recently, the Cobb Planning Commission voted 5-0 to approve rezoning a 22-acre land tract in… Read More »

Forbes: What Will Assisted Living Look Like in 2020?

Assisted living is changing, and fast, writes Forbes columnist Howard Gleckman in an article published this week. Residents are changing, their needs are changing, and the services they require may not longer fit the hybrid model they have assumed somewhere between independent living and nursing home care.  Detailing the higher acuity needs of today’s assisted… Read More »

In the Pipeline: Senior Housing Construction Projects (11/26/14)

Construction: Planned Big Rock Partners Closes Land Purchase for $60 Million Fla. Project Company: Big Rock Partners Type: New Construction Location: Celebration, FL Funding: 60 million #of Beds: 225 Construction start date: First Quarter 2015 Los Angeles, Calif.-based real estate investment management and development firm Big Rock Partners has closed on a nine-acre land purchase… Read More »

Massachusetts Officials Propose New Rules for Assisted Living Operators

Massachusetts regulators are proposing new rules around assisted living that would require operators to provide additional employee training and evacuation plans, and would prohibit them from accepting residents who actually need a higher level of care than what assisted living provides.  The changes are aimed at “closing gaps that threatened elders’ safety,” according to a… Read More »