Hopefully, you’ve emerged from your weekend refreshed and rejuvenated. Here in Chicago, we’re looking forward to celebrating Paczki Day on Tuesday—but before we do, here’s a recap of what we covered last week:
Jimmy Buffett, of “Cheeseburger in Paradise” and “Margaritaville” fame, has forayed into the senior housing space with Latitude Margaritaville, a to-be-built 55-plus, active adult mixed-use community in Daytona Beach, Florida.
But are “55-plus senior living communities” a myth? Some senior housing experts think so.
Meanwhile, Welltower (NYSE: HCN) reported its fourth-quarter 2016 earnings on Wednesday. Despite losing incremental occupancy in the U.S., the health care real estate investment trust (REIT) isn’t preoccupied with the idea of senior housing oversupply.
Also in the News
No One Wants To Think About Losing A Parent. But Not Planning For It Makes It Worse—Washington Post contributor Stephanie Kanowitz shares her experience of caring for her mother with Alzheimer’s, and discusses how to talk about end-of-life planning with loved ones.
The Average Life Expectancy Could Soon Reach Above 90 Years Old in This Country—Women in South Korea are expected to reach an average life expectancy of 91 years by 2030, according to a new study. Additionally, researchers are now estimating that people will eventually live to at least 110 or 120 years on average.
Written by Mary Kate Nelson