Senior living providers are seeking ways to counteract the double-edged sword of revenue loss that happens when seniors put off a move into a community—upping the average incoming age of residents while decreasing the average length of stay—and some are using their existing residents to help. As many as 80% of seniors looking into a […]
Retiring by Design
Condominium units at Fox Hill, a luxury, Sunrise-managed senior living community in Bethesda, Md., are back on the market after a year-long marketing hiatus as multiple involved parties attempt to bring the community from the brink of foreclosure to stabilized occupancy. With the real estate market headed toward recovery, success in relaunching struggling luxury retirement communities […]
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