With large glass windows, abundant balconies and a modern design, The Village at The Triangle might not look like senior housing to the casual eye. But those who step inside the building will find a 206-unit rental continuing care retirement community (CCRC) equipped with many of the same amenities you’d find at a resort hotel, […]
One non-profit developer, owner and operator of continuing care retirement communities (CCRCs) is betting that more seniors will flock to the urban high-rise model of senior living, especially if there’s a university affiliation involved. Medford, Oregon-based Pacific Retirement Services (PRS) is moving full steam ahead with its plan to open Mirabella-branded senior living high-rises in […]
Robert Turner didn’t plan to develop senior housing, but that’s the beauty of intergenerational living: he ended up doing it anyway. Turner’s work on a master-plan in Habersham, South Carolina, left residents so happy that they began asking him and his team how they could remain in the community even as they aged and their […]
Lasell Village is a Boston-area continuing care retirement community (CCRC) that is on the leading edge of several senior housing trends, notably intergenerational living and university partnerships. The CCRC is located right on the campus of Lasell College — a leader of the “age-friendly university” movement — and showcases the positive results that senior living […]
Residents of life plan communities across the United States are generally experiencing higher levels of wellbeing than older adults living in the general population. That’s according to newly released findings from The Age Well Study, conducted by Mather LifeWays Institute on Aging in partnership with Northwestern University and a variety of senior living industry organizations. […]
About four years ago, Christian Living Communities (CLC) faced a problem: Resident turnover at one of its locations was too high. The nonprofit provider began working with a startup company to bring urgent care services to residents, and within a year, turnover was down to normal levels and emergency room visits were less frequent. Today, […]
Erickson Living will bring in $1 billion in revenue for the first time in 2018 and is preparing to gain even more scale in the years ahead. The Catonsville, Maryland-based provider is pursuing a nearly $2 billion pipeline of new developments over the next five years, while planning to invest an additional $400 million in […]
The 12-month outlook ahead for non-profit continuing care retirement communities (CCRCs) looks steady, with continued demand for this type of senior living. Specifically, non-profit CCRCs are expected to benefit from favorable demographic trends and healthy residential real estate markets, both of which are pushing up demand for those communities, according to a new report from Fitch Ratings. […]
As senior living providers look far and wide for ways to help solve the ongoing labor crunch and implement innovative operational strategies, stronger ties with nearby universities should be a top priority. This is no secret. Life plan communities in particular have found success in various types university partnerships, and some high-profile developments underway today —- […]
Residents of life plan communities say they have greater levels of wellness than older adults in home- and community-based settings. That’s according to newly released first-year results from the Age Well Study, a collaboration between the Mather LifeWays Institute on Aging — the research arm of Evanston, Illinois-based senior housing provider Mather LifeWays — and nearby […]