Baby Boomers Face ‘Urgent Need’ for More Affordable Senior Housing Options

More affordable and middle-market housing options are going to be needed as the next generation of older adults approaches average senior living age. A new report, compiled by the Joint Center for Housing Studies of Harvard University, detailed the looming generation of boomers, the oldest of which are turning 80 in the coming years. The […]

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. […]

Movers & Shakers — People and Positions for December, Part IV

Maryland CCRC Names Director of Philanthropy Patricia Santoni has been named director of philanthropy for Charlestown, a continuing care retirement community (CCRC) in Catonsville, Md., that has more than 2,000 residents.  She will be responsible for establishing, planning, directing, and coordinating all fundraising activities for Charlestown. Santoni will also provide leadership for the creation of strategic fund […]

Senior Housing: Build it and They Will Come?

Build it and they will come. At least that’s the philosophy of Maureen Hewitt, president and CEO of InnovAge, a nonprofit that offers affordable senior care solutions.  “While building apartments designed for seniors is a step in the right direction, we’re learning they can’t be built fast enough to meet the demand,” she writes in […]

Harvard, AARP Say Seniors Housing is Next Big American Crisis

A shortage of caregivers for baby boomers, high cost of senior living products and services and lack of disability-equipped housing reveal a seniors housing crisis as the 50-and-over population is projected to increase about 20% by 2030, according to a new report released Tuesday by the Harvard Joint Center for Housing Studies and the AARP Foundation. […]