“What do boomers want?” When it comes to housing, one answer is growing more than any other: active adult rental apartments. And the industry is taking notice, according to a new report from Senior Housing News. In an SHN survey of 120 senior housing professionals, administered in September 2019, a whopping 87% of respondents said […]
Passco Cos. Development
Technically speaking, independent living remains the consumer entry point into senior housing — the first step in the traditional care continuum. But as senior living operators know too well, consumers at that entry point are older than in the past, with many now well past 75. That’s why so many senior housing operators are looking […]
One of the fastest growing real estate companies in the U.S. is entering the competitive active adult senior living sector, and has brought in a veteran senior housing investment specialist to develop and execute its strategy. Last month, Irvine, California-based Passco Cos. hired Carey P. Levy as president of its development business, where he will […]