The affordable housing crisis in America may be most acute in senior living. As a result, developers are looking at avenues to build affordable senior housing without government subsidies that bring a sense of luxury and comfort to residents, while instilling a renewed sense of dignity. The challenge is likely to become even more acute […]
Senior housing construction costs have surged between 6% and 8% over the last year for various types of projects, driven by labor market dynamics and new tariffs on materials such as steel and aluminum. For a mid-level assisted living project, Winter 2019 costs are generally ranging between $180 and $233 per gross square foot, according […]
With the pursuit of wellness becoming pervasive not only in senior housing but for people of all ages, health care-related buildings are replacing retail locations as the anchors of mixed-used real estate developments — and Welltower (NYSE: WELL) is pursuing projects to accelerate this trend. “Twenty-five years ago, if you said to someone, why don’t […]
