While the senior living industry tends to view “assisted living” as senior-facing, communities labeled as such cover a broad gamut of resident demographics and characteristics, reveals a new national study. The study, which is the first of its kind, may have strong implications for policymakers and consumers, says Andrew Carle, executive-in-residence and director of George […]
Category: Alzheimer’s Care
Senior housing is beginning to face the threat of overbuilding among certain property types including assisted living and memory care, write Stifel analysts in a note this week following the The National Investment Center for the Seniors Housing & Care Industry annual conference last week. “Potential for overbuild next 2-5 years has increased, in particular for […]
A new senior housing operator based in Texas has launched with an eye toward high-end independent living, assisted living and memory care development within the state, and beyond. The new operator, Avanti Senior Living, is led by senior living veterans Tim Hekker and Lori Juneau Alford, who bring a combined 50 years of experience spanning […]
LTC Properties, Inc. (NYSE:LTC) announced Tuesday it is entering into a $19.6 million development commitment with an existing operator partner, Anthem Memory Care, to fund the construction of two standalone memory care communities in Colorado. In conjunction with the development commitment, the healthcare-focused REIT also closed on two plots of land for a total of […]
American Realty Capital has agreed to purchase a nine-property portfolio of assisted living communities and development land for a total of $143 million The eight communities and one development parcel are all based in the southeast, spanning three communities in Georgia; three in Florida; and one in each North Carolina and Tennessee. The development parcel […]
Senior living providers practice a variety of innovative techniques when managing aggressive behaviors that can be typical of residents with dementia, and they agree one of the biggest components is proactivity. Know Your Residents This typically means knowing each resident and being familiar with their history and their patterns of behavior, says Janet Haynes, RN, […]
New construction among senior housing developers has reemerged across some property types, including assisted living and free standing memory care, following the recession. For assisted living, there were 7,743 units under construction in the second quarter of 2013, according to data from the National Investment Center for the Seniors Housing and Care Industry—that figure is up […]
An independent proposal made last week, if accepted, could offer a new, optional certification for health care organizations that offer memory care services—a growing niche of senior housing that serves a population expected to triple by 2050, according to a recent report by Alzheimer’s Disease International. The proposal was made by The Joint Commission, the […]
The costs of care associated with Alzheimer’s disease and dementia are expected to rise on pace with the number of people globally who will suffer from them—a number that is now projected to triple by 2050. Today, the number of people living with Alzheimer’s is estimated at more than 35 million globally, with Alzheimer’s Disease […]
A subsidiary of an Florida-based investment group has made its first senior living purchases with the acquisition of two memory care communities in Florida, with an agreement to buy a third community that’s currently under construction and plans for a development pipeline of several more. Validus Senior Living was formed as a subsidiary of private […]
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