Proving that senior living can be innovative even without catering to high-end consumers, one affordable housing in the Denver area is pushing the needle on what affordable housing can be with multiple amenities and contemporary, sustainable design. Cityscape at Belmar is in the walkable urban shopping area, Belmar, in the Lakewood suburb of Denver. The […]
The Highland Group Inc.
In Colorado, the market share for all types of age-restricted senior housing and care is nearly 17%, with affordable housing and skilled nursing as the most prevalent settings for seniors age 65 and older, according to Boulder-based consulting firm The Highland Group Inc. Statewide, 83.1% of all 65+ households live in regular mixed-age housing, according […]
Senior living providers aren’t in imminent danger of pricing themselves out of the market, despite continuous monthly rent hikes and alarming reports on seniors’ financial security in retirement, researchers agree. While it is difficult to determine the breaking point for price elasticity, it may be decades before rent rises beyond residents’ affordability. During the first […]