In the Pipeline: Senior Housing Construction Projects 9/28/17

Construction: Planned Senior Housing Planned Near Lake of the Ozarks in Missouri A sprawling development slated to open in the lakefront city of Osage Beach, Missouri, will include senior housing. Local officials recently gave the go-ahead to the developers of Osage Beach Commons, a $385 million mixed-use building that will include retail, restaurants and senior living space, according […]

Here’s What City Dwellers Want from Senior Living Providers

Many residents of North America’s largest cities want to see more senior living communities in their neighborhoods—though the exact amenities or services they’d like the communities to have vary. That’s according to the 2017 Aging in Cities Survey from Welltower Inc. (NYSE: HCN), a health care real estate investment trust (REIT) based in Toledo, Ohio. The survey, which […]

Must-Read News: Dining Trends, Missing Tortoise

Happy Monday, Senior Housing News readers! Manzano del Sol Village, a senior living community in Albuquerque, New Mexico, is missing its 115-year-old tortoise, Diablo. Nobody is more distraught about this than Delilah, a 90-year-old female tortoise and Diablo’s life partner, the Albuquerque Journal reports. Luckily, it’s unlikely that Diablo has “a wandering eye and took off […]

Belmont Village Plants New Roots with First International Location

As many senior living operators know, planning and building a new community is a lot of work—and it can be even more challenging when that community is in a foreign country. Houston-based senior housing owner and operator Belmont Village Senior Living knows this all too well after building its recent $55 million project in Mexico City, its […]

How Mexico is Luring American Assisted Living Residents

Some older Americans are opting to move to Mexico rather than to assisted living in the United States. Why? Care is dramatically cheaper south of the border, according to 93-year-old Peter Fowler, a resident at the Serena Senior Care assisted living community in Rosarito, Baja California, Mexico. Fowler had trouble paying for assisted living back in […]

Senior Living and the City: Hottest Urban Design Trends

Senior living projects in city centers are not for the faint of heart. Between high land and construction costs, site scarcity, lengthy entitlement processes and sticker shock for lenders, taking on this type of development is no easy endeavor—and that’s not to mention design constraints. But given the unique strategies the majority of senior living […]

Providers Slam Discounting, Embrace Other Pricing Approaches

As competition heats up within the senior housing industry, some companies are doing their best to cool down one common practice—discounting their prices. Discounting rents or offering similar financial incentives has become commonplace to persuade prospective residents into moving into a senior living community. The practice was particularly prevalent in the years immediately following the […]

Cubs Mania in Senior Living: Lifelong Fans Cheer, Reflect

Many Chicago Cubs fans feel like they’ve been waiting a lifetime for their team to win the World Series. Some fans in Chicago-area senior living communities have been. Take Alice Segal, a resident at The Breakers at Edgewater Beach, a Senior Lifestyle community in Chicago. “I’m 85 years old, but I’ve been a Cubs fan for 86 […]