Intergenerational Model for Dementia Care Taking Shape Around Bill Thomas’ Minka Homes

One group in western Pennsylvania believes a possible solution to treating people with dementia is through building an intergenerational community, and is working with senior care innovator Dr. Bill Thomas to create such a community with 3-D printed tiny homes. The Clearfield County Area Agency on Aging (CCAAA) will soon break ground on Village of […]

Demand Grows, Challenges Increase for Senior Housing in Low-Density Markets

The coming wave of aging baby boomers will present several challenges to a senior living industry already struggling to meet the demand of seniors who cannot afford market rate independent living, assisted living or memory care. In particular, the population of older adults is quickly growing in low-density areas where it’s especially difficult to build affordable senior living projects. […]

Spectrum Retirement Expands Development Pipeline With $100 Million Fund

Spectrum Retirement Communities, a Denver-based senior housing developer, owner and operator, is adding an extra 1,000 units to its portfolio by 2021 via a fund it is currently marketing to investors. Spectrum Development Opportunity III has a minimum investment of $2 million, and Spectrum has already raised $60.5 million with a target of $100 million, […]

Rising Costs Make Pre-Construction Planning More Essential in Senior Housing

Value engineering is an accepted inevitability in construction, and it’s become increasingly important as construction costs have been on the rise in senior living. But while smart value engineering will identify the best ways to cut costs without sacrificing quality, too much value engineering can compromise the vision and integrity of a project, and cause […]

Why Amazon’s HQ2 Cities Could See Senior Housing Boost

It’s official: after a 13-month search process, Amazon announced today it will split its second headquarters between Long Island City in Queens, New York and Crystal City in Arlington, Virginia. Amazon will invest $5 billion to create 50,000 new jobs between the two cities. Additionally, the e-commerce giant will open a new Operations Center of […]