Senior Housing’s Next Big Competition: Your Backyard

The senior housing industry has long said its biggest competition is Americans aging in place in their own homes. But now, another trend may be creating more competition in the same vein. “In-law units” — technically called accessory-dwelling units (ADUs) — are becoming a draw for aging parents and in-laws, or “boomerang parents,” writes The […]

Prescription Drug Abuse New Target For Senior Living Attention

There’s no question that certain challenges face the senior living industry with the coming wave of baby boomers. But one question that hasn’t yet been answered is: How will a rise in the misuse of medications be addressed? Prescription drug abuse and misuse by seniors doesn’t get much attention, but with the aging population steadily […]

WSJ: State Regulators Reining in Nontraded REITs

Fundraising by nontraded real estate investment trusts (REITs) has tripled since 2009 — rapid growth that has led regulators in several states to push for restrictions on the industry, The Wall Street Journal reports. Previous reports indicated that nontraded REITs would play an integral role in shaping the senior housing merger and acquisition landscape this […]

Why Home Health Care’s Growth Will Falter

As the desire to age in place increases alongside the aging population, the home health care sector will create nearly a million new jobs by 2022, far outpacing the growth of other major occupations in the U.S., The Wall Street Journal writes in a recent article.  The U.S. Department of Labor predicts the profession will […]

WSJ: Senior Living Transition Requires Planning

Giving older adults more say in their future housing arrangement and advanced planning are ways to ease the stress of moving for older adults, The Wall Street Journal writes in a recent article.  Starting the conversation early allows more time for loved ones to weigh in on housing options, but these discussions take effort — […]

WSJ: Tech Wave Radars in on Aging in Place

Technology to help prevent elderly people from injuring themselves at home is improving, and researchers are diving deeper into a quest to design better systems to prevent falls and to get help quickly to those who have fallen, a Wall Street Journal article reports. Falling is the leading cause of both fatal and nonfatal injuries, […]

WSJ Finds Nursing Homes, Senior Care Not Immune to Hacker Attacks

Your company might not be Target, but that doesn’t mean it won’t become the target of a hacker attack, potentially exposing residents’ personal information to the public. Hackers aren’t just after credit card and banking information, but nursing homes lacking security for the documents they store have recently been found potentially to put resident information […]

WSJ: Elder Financial Scams Rising, But Difficult to Detect

Financial scams that target older Americans are on the rise, now comprising more than a quarter of all financial scams in the U.S. reports the Wall Street Journal.  And the changes of being scammed among those 65 and older is one in 10, according to the report.  The scams are also expensive to investigate and […]

WSJ: Developers Target Retirement Communities, Luxury-Style

Some senior housing developers are finding renewed success in the market for luxury retirement home communities, according to a Wall Street Journal report.  Catering to senior residents with high-end services such as movie theaters, Zumba classes, sushi chefs, and services geared toward very active living, some developers are looking to capitalize on this luxury group […]