Senior housing, like the rest of the world, is going green. Or, at least, it’s starting down that path. Increasingly, new senior housing complexes are being built with green features. Recently, for instance, Cypresswood Estates opened in Houston, Tex., billing itself as an “affordable Active Adult green community.” The facility includes solar panels, low-flow toilets, […]
The recession has left in its wake many empty hotels, shopping centers, churches, malls, and other buildings. While the situation can look bleak, it is in fact an opportunity for senior housing developers, who often see the abandonment of such properties as a chance to retrofit, reuse, and adapt them into retirement communities, senior apartments, or assisted living facilities. […]
Seniors today are looking for high-tech offerings in their residences, and builders and developers need to take note. From wireless availability to health monitoring systems, technology is one of the key trends in the senior housing industry, both now and in the future. “What we’re seeing, especially in assisted living, is that seniors are beginning […]
With the majority of seniors choosing to stay home for as long as possible, there has been a steady demand for age-in-place design features, both in new construction and in remodels. According to a 2010 AARP study, 89% of householders over 45 want to age in place, and that trend is likely to continue. “Most […]
With the recession dragging on, the senior housing market has experienced a significant slump. New construction starts have dropped by 53% since the 2008 crash, and now make up just over 1% annually of the senior housing inventory, according to the National Investment Center for the Seniors Housing & Care Industry (NIC). At the same time, […]