Affordability Is Driving Seniors to These 5 States

Retiring seniors are no longer basing their housing decisions mainly on warmer climates, and senior housing developers and operators should take notice. A report from the U.S. Department of Health and Human Services’ Administration for Community Aging revealed that five states saw 50% spikes in their over-65 population between 2007 and 2017. Those states are: […]

Co-Located Senior Housing, Libraries Open with Nearly Full Occupancy

In the Independence Park neighborhood on Chicago’s Northwest Side, an ambitious mixed-use development including senior apartments officially opened on Sept. 23. The library/apartments concept is an example of the growing trend of incorporating senior housing as a component of mixed-use real estate development. Large-scale changes in the economy are leading to new models of mixed-use […]

HumanGood Eager to Recap Affordable Properties After New HUD Changes

Recent guidance issued by the U.S. Department of Housing and Urban Development (HUD) has the potential to dramatically expand private investment in affordable senior housing redevelopments. And HumanGood wants to come out of the gates strong, targeting a combination of private and public funding to overhaul communities in its portfolio wrapped for years in bureaucratic […]

How Affinity, Presbyterian Homes Are Carving Out a Middle-Market Niche

Two senior housing operators — one for-profit and one nonprofit — are taking different approaches to cutting rents and costs to accommodate the demand for a growing middle-market consumer base. Presbyterian Homes & Services Vice President Jon Fletcher and Affinity Living Group CEO Charlie Trefzger shared their strategies during a webinar Tuesday sponsored by the […]

Solinity Expands Middle-Market Efforts with New Enrich Senior Living Brand

The competition for middle-market senior housing in the Southeast continues to heat up, with a growing operator adding a new brand to its strategy, through a partnership with a capital firm making its entry into senior living. Knoxville, Tennessee-based Solinity announced the formation of Enrich Senior Living, a joint venture with Chicago-based 29th Street Capital, […]

HumanGood CEO: We’ve Always Had National Ambitions

HumanGood’s new affiliation with Presby’s Inspired Life serves dual purposes: creating an organization with national scale that could further expand, with a platform to create an offering for an overlooked segment of the middle market. That platform revolves around the existing affordable housing portfolios of both companies, as well as the capabilities of HumanGood’s in-house […]

Prime Senior Housing Group On Bridging The Middle-Market Gap

As the affordable housing crisis continues to impact senior living, developers aim to fill in the gaps in service for middle-class seniors making the transition to the space — and Prime Senior Living Group President of Development Debra Maynard hopes to be among those helping to bridge the gap. Prime is developing a construction pipeline […]

Solinity, Paran Homes Venture Will Develop Middle-Market Senior Living in Southeast

The Southeast is emerging as a hotbed for middle-market senior housing development. Knoxville, Tennessee-based senior living owner-operator Solinity formed a partnership with Paran Homes to develop, own and operate senior housing aimed squarely for the middle market, Solinity CEO Josh Crisp told Senior Housing News. Duluth, Georgia-based Paran Homes is a residential specialist with 19 […]

SHAG Keeps Rates in Check with ‘Independent Living Light’ Model

If the senior housing industry wants to better address the ongoing affordability conundrum, it might consider borrowing some ideas from SHAG. That’s the acronym for Sustainable Housing for Ageless Generations, a senior housing nonprofit based in Tukwila, Washington, which helps older adults access support and services in settings they can afford. For SHAG Executive Director […]