It is the beginning of a new era for senior living in China. Developers and operators are taking cues from U.S. senior living, combining the most modern amenities, care and technology with traditional Chinese design to create a resort-style atmosphere that also allows for aging in place across the care continuum. And all this is […]
In founding Eclipse Senior Living in 2017, CEO Kai Hsiao wanted to leverage his experience in both senior living and hospitality to build an innovative operating platform. Innovations are needed, he believes, to reach the “unspoken 88%” of older adults who find current senior living options unappealing. Now, with a portfolio of about 100 communities […]
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 […]
Lloyd Jones is a real estate investment, development and management platform that has operated in the multifamily space since the 1980s, doing more than $750 million in projects in total. Now, the Miami-based firm is pursuing a senior living pipeline, developing “independent living-light” properties under the Aviva 55 brand. “In general, what we feel is […]
Seniors are going to receive primary care. In 2019, the question is where. Primary care is critical for any person’s health. Yet across the nation, visits to those physicians are declining for Americans of all ages. Seniors specifically are faced with two unique barriers: travel, and the need for care overnight. Seniors also face a […]
Created by the 2017 Tax Cuts and Jobs Act, “opportunity zones” hold immense promise for senior housing investment and development, particularly for more affordable options. However, senior housing appears to be an overlooked asset class so far, when it comes to opportunity zone funds and projects in the works. The 2017 law created qualified opportunity […]
In 2016, private equity-backed multifamily real estate firm The Wolff Company announced an ambitious senior living development pipeline. Now, with three Revel-branded independent living projects open and 14 more in the works, Wolff is taking over ongoing management of the properties as well. The company has tapped a heavy-hitter from the hospitality world to lead […]
“If I could count the number of times I was shown a pool table for a family looking for dementia care, I could scream.” These words are from the leader of a senior living placement service — the company’s agents meet with prospective residents and their families, advise them on options, and accompany them on […]
While on their way to grab a bite or run an errand, some patrons of Maryland’s Rockville Town Square are pausing to admire a piece of public art: a six-story mosaic called “The Tree of Life.” That mosaic adorns an exterior wall of a senior living community, Brightview West End, that is part of the […]
Faced with rising liability insurance costs, senior housing providers are working with insurers and insurance brokers to address the issue by identifying and managing risks. Liability insurance rates are expected to rise by as much as 30% in 2019, according to insurance broker Willis Towers Watson. The growth in claims, payouts and settlements is so […]
