The U.S. seniors housing market has seen its fair share of innovative architecture in recent years. But the U.S. isn’t alone in this. By the end of the year, Senior Housing News will have named a new Architecture & Design Award winner in the “Best International Design” category. In the meantime, check out three other buzz-worthy […]
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 […]
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 […]
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 […]
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 […]
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 communities can no longer just give great care to residents. Providers now must go above and beyond to make sure residents feel supported and are also having a great time, company leaders said at the annual Argentum Senior Living Executive Conference in Nashville last week. Twenty years ago, if a service delivery failed, senior […]
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 […]
The United States may not have elected the nation’s first female president, but just as Hillary Rodham Clinton became the first woman ever to be nominated by a major party for the American presidency, the senior housing sector continues to make strides to shatter its own glass ceilings. Many companies are continuing to break down […]
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 […]
