Illinois’ first and oldest nonprofit will use $14M gift to serve ‘forgotten middle’ in senior care
By
Kathleen Steele Gaivin
Dec 08, 2023
The Chicago Scots, Illinois’ first and oldest nonprofit organization, received a foundational gift of $14 million from the Negaunee Foundation. This is the largest donation in the Chicago Scots 178-year...
The needs of middle-class Americans over 55 often go unmet: SCEPA
By
Kathleen Steele Gaivin
Dec 06, 2023
Many adults aged 55 and older who have difficulty with daily and instrumental activities aren’t getting the help they need, research associate Jessica Forden of the Schwartz Center for Economic Policy...
Is senior living prepared for the incoming wave of middle-income older adults?
By
Lynne Moore
Nov 27, 2023
Senior housing operators, healthcare and other service providers and public policy makers are going to have to work together to develop creative solutions to serving this significant middle-income cohort.
Report identifies where assisted living rents are changing the most
By
Kimberly Bonvissuto
Jan 19, 2024
The assisted living sector touts itself as the most cost-effective option to provide quality-of-life care and services for the nation’s older adults. But that value comes at a cost, according to a new...
Accelerated pace of change will continue for senior living
By
Kimberly Bonvissuto
Jan 04, 2024
The senior housing and care industry has experienced an accelerated pace of change over the past decade — particularly during the COVID-19 pandemic — in areas including technology adoption, workforce...
Building a better senior living model
By
Kimberly Bonvissuto
Dec 19, 2023
How is research helping to define the future of senior living? Lisa McCracken, the new head of research and analytics for the National Investment Center for Seniors Housing & Care, recently spent a few...
Easy to overlook, but still important
By
John O'Connor
Dec 07, 2023
There is no single silver bullet when it comes to ensuring success in senior living.
Greystar to help active adults live well in mind and body with upcoming St. Louis rental development
By
Kathleen Steele Gaivin
Dec 07, 2023
Indianapolis-based Avenue Development aims to provide the full gamut of social and wellness services to active adults, with a rental property slated to open in a St. Louis, MO, suburb next October. On...
Innovation will attract the next-generation consumer to senior living, speakers say
By
Kimberly Bonvissuto
Oct 26, 2023
CHICAGO — The baby boomers will change the senior living industry dramatically and already are pushing it to a point of reckoning, according to a panel of experts discussing the next generation of 55-plus...
Survey reveals knowledge gap in long-term care planning among income groups
By
Donna Shryer
Sep 18, 2024
A new survey reveals that 77% of upper-income consumers are familiar with long-term care insurance, compared with only 67% of middle-income consumers, highlighting a significant knowledge gap in long-term...