Nationwide senior housing occupancy is near a historic low, as many providers across the U.S. are grappling with oversupply. The average U.S. senior housing occupancy increased to 88% percent in the third quarter of this year, while construction versus inventory in the U.S. was 6.7%, according to data from the National Investment Center for Seniors […]
Bold new models of adult day services are beginning to enter the market, and senior living providers would be wise to take note. Their standard adult day offerings may lose luster in the face of these new options, but providers also may be ideally positioned to take advantage of a growing market opportunity. While many […]
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Buildings designed to promote wellness, ambitious urban communities, clusters of small homes created with cutting-edge tech — and even senior living at sea. These are among the ideas shaping the future of senior living development, as revealed earlier this year at Senior Housing News’ inaugural BUILD event. With the Fourth of July fast approaching, we’re […]
While active adult isn’t a property type every senior living provider considers for new development, it’s one the baby boomers are increasingly interested in. That’s partly because the age cohort looks at senior housing not just as real estate, but also as a platform to access wellness and lifestyle offerings, according to Dana Wollschlager, a […]
The active adult development market is poised for widespread growth, and could be the key to future success for housing owners and operators looking to capture a younger market segment. But how can senior housing break into this new opportunity? The considerations vary for both for-profit and nonprofit organizations looking to tap into this major […]
The active adult development market is poised for widespread growth, and could be the key to future success for housing owners and operators looking to capture a younger market segment. But how can senior housing break into this new opportunity? The considerations vary for both for-profit and nonprofit organizations looking to tap into this major […]
Senior housing and care nonprofits simply can’t do things the same-old way — especially as for-profit providers ratchet up the pressure in many markets across the U.S. That was among the top takeaways during a Tuesday afternoon session at this year’s LeadingAge Illinois Meeting & Expo in the Chicago suburb of Schaumburg, Illinois. The discussion […]
Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]
Kai Hsiao had a vision. Like many in this industry, Hsiao, CEO of the Portland, Oregon-based Eclipse Senior Living, sought improvement in his company’s penetration rates. While this has always been a focus of senior housing leaders, the impending wave of baby boomers changes the equation. Boomers, by virtue of their generational profile, will be […]