Number of Senior Households to Increase 35% by 2020 says Report

The number of 65+ households is projected to increase by 35% in 2020 according to a recent Harvard University housing report. The Joint Center for Housing Studies (JCHS) says in The State of the Nation’s Housing Report that baby boomers will continue to have a huge effect on the housing market as they approach retirement […]

Senior Housing Occupancy Rates Rise, Inventory Growth Hits Record Lows During Q1 2011

The average occupancy rate for senior housing properties rose to 87.9% during the first quarter of 2011, up 0.2% from the previous quarter according to data from the National Investment Center for the Seniors Housing & Care Industry (NIC).  While it’s the fourth consecutive quarter that occupancy rates have improved, the senior housing industry isn’t out […]

Construction of First LGBT 5-Star Retirement Community Begins

Fountaingrove, the nation’s first retirement community offering the option of continuing care for the lesbian, gay, bisexual, and transgendered (LGBT) community has begun construction of its 10-acre property in Sonoma County, Calif. “Fountaingrove Lodge is a dream that has been several years in the making, and reflects our desire to provide fine retirement living opportunities for […]

Retirement Confidence Hits Record Low

More than a quarter of Americans say they are “not at all confident” about retirement and only 13% say they are “very confident,” according to the Employee Benefit Research Institute’s 2011 Retirement Confidence Survey. The small proportion who are confident in their retirement is tied with the rate in 2009—the lowest on record in the […]

Top Ten Senior Housing Trends For 2011

Austerity was the most searched word on the Merriam-Webster online dictionary during 2010. In case you’ve been living under a rock the past two years, the word means ‘enforced or extreme economy’. Quite different than luxury or other indulgent phrases that led up to the recession of the last few years. As you peruse this […]