Reaping the Financial Benefits of Investing in Wellness Programs

Senior living communities are discovering the many benefits of fitness programs. Effective wellness programs can decrease falls, reduce agitation in seniors with Alzheimer’s, and significantly decrease costs for senior living providers. Swimming, strength training, Zumba–these may not be activities normally associated with older people, but many senior living communities are reaping financial benefits by offering […]

In the Pipeline: Senior Housing Construction Projects (4/18/2012)

Pathway Senior Living Plans Renovation for Wisconsin Assisted Living Facility The Age Well Centre for Life Enrichment, located in Green Bay, Wisc. and formerly known as Creekside Senior Living, is renovating its living units to transition into an assisted living-only community, reports the Green Bay Press Gazette. Pathway Senior Living, based in Illinois, acquired the […]

In the Pipeline: Senior Housing Construction Projects (4/11/2012)

Affirmed Housing Group Breaks Ground on 55+ Housing Community in California Affirmed Housing Group, headquartered in San Diego, Calif., recently broke ground on an affordable and sustainable residential development for seniors in El Cajon, Calif. Solterra will be a housing community for people aged 55 and above and will offer 49  homes, including 46 one-bedroom […]

Senior Housing RIDEA Deals a Lasting Trend, Messy Divorces Unlikely

Although real estate investment trusts (REITs) face higher risks when entering into a RIDEA structure with senior housing operators, it’s risk that’s well thought out, and the management structure will become increasingly important going forward, analysts say. RIDEA, which comes from and is an acronym for the REIT Investment Diversification and Empowerment Act of 2007, […]