Happy 2018!

The Senior Housing News team is back from our weeklong holiday break refreshed and ready to bring you all of the latest and most pertinent industry news.

If you were too busy spending time with family or drafting New Year’s resolutions to keep up with the news, don’t worry—we’ve got you covered. Here are some noteworthy stories about senior housing you may have missed last week:

Former American Senior Communities Execs to Plead Guilty in Federal Fraud Case— American Senior Communities’ former CEO James Burkhart and former COO Daniel Benson are expected to plead guilty to federal charges related to fraud, IndyStar reports.

Stalled Retail Development at Six Corners Could Grow to Include Senior Housing—It’s possible that a new high-profile project in Chicago will include seven floors of senior housing, in addition to medical offices and ground-floor retail space, according to Curbed Chicago.

As St. Louis Bursts with Boomers, Senior Housing Sees Growth—St. Louis may be a hot spot for senior living development, according to STL.News. “What you see going up on every street corner is for-profit assisted living,” Terry Walsh, president and CEO of FV Services Inc., told the publication.

VR Helps Seniors Cope with Depression, Anxiety, Minneapolis Center Finds— Approximately 97% of senior living residents at a senior housing community in Minneapolis reported feeling at least somewhat more relaxed and more positive after using virtual reality headsets, the Star Tribune reports.

Written by Mary Kate Nelson