Welcome back, Senior Housing News readers!
We hope you had a great Memorial Day weekend—and that the weather wherever you were was sunnier and warmer than ours has been in Chicago for the past few days.
Here’s some of our most-read news from last week:
Across the U.S., some developers and national capital providers are having a harder time finding money to construct new senior housing communities.
The outlook for independent living and continuing care retirement communities is bright in 2017—though other, more need-driven types of senior housing may have a more troubled future.
In some ways, the senior housing industry has done done a 180-degree about-face in the past 20 years, and what once was “taboo” now is in demand.
The $5 billion non-traded real estate investment trust (REIT) that Blackstone Real Estate filed for in August 2016 announced it had amassed a whopping $755.4 million.
Older adults are increasingly unsure about aging independently at home, a new survey revealed.
Also in the News
Sanders, Democrats Introduce $15 Minimum Wage Bill—Several Senate Democrats introduced legislation last week that would raise the federal minimum wage to $15 by 2024.
Thailand’s first-ever multi-use facility for seniors is set to open in December 2018, according to Nikkei Asian Review. The upscale, $128 million project will include a rehabilitation clinic and a hospital, in addition to a swimming pool, spa and a shopping mall.
A 1-Hour Walk, 3 Times a Week, Has Benefits for Dementia—Exercise may improve the thinking skills and brain function of people with dementia, according to a study published in the British Journal of Sports Medicine.
Written by Mary Kate Nelson