54 percent of middle-income seniors could need housing, care help by 2029, NIC-funded study finds
By
Lois A. Bowers
Apr 24, 2019
Fifty-four percent of the 14.4 million middle-income older adults in 2029 in the United States will lack the financial resources to pay for senior housing and care, and a combination of public and private...
Expect expansion into middle market after HumanGood, Presby affiliate, CEO says
By
Lois A. Bowers
Jun 18, 2019
The two organizations on Monday announced their plans to create a unified company in a deal expected to close by June 30. The combined entity could be the sixth largest not-for-profit senior living provider...
5 insights from NIC’s Middle Market Investor Summit
By
Lois A. Bowers
May 22, 2019
Several panelists shared insights about current and potential efforts to meet middle-income older adults’ senior housing and care needs on Tuesday at the National Investment Center for Seniors Housing...
Partnerships critical to serving middle-income older adults, NIC speakers say
By
Lois A. Bowers
Mar 06, 2020
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.
Pandemic likely to increase demand for affordable housing: NIC
By
John O'Connor
Apr 16, 2020
As the unfolding COVID-19 pandemic ravages the nation’s economy, the ranks of seniors requiring affordable housing and care will escalate, warns a recent National Investment Center for Seniors Housing...
Report: Alternative approaches to senior living, LTSS needed for growing older adult population
By
Kimberly Bonvissuto
Dec 01, 2023
Only 13% of adults aged 75 or more years who are living alone across 97 US metro areas can afford to move into an assisted living community without starting to cash in their assets, according to “Housing...
72 percent of middle-income older adults won’t be able to afford assisted living by 2033: study
By
Kimberly Bonvissuto
Sep 01, 2022
More than 11 million older adults (72%) will not be able to afford assisted living by 2033, and they likely won’t qualify for Medicaid to pay their long-term care needs either, according to a new analysis...
The increasing financial disparities in the ‘Forgotten Middle’
Feb 29, 2024
Experts from NORC at the University of Chicago discuss the increasing financial disparities among members of the “Forgotten Middle” and what they mean for senior living providers.
Technology, affordability, desirability key to attracting next generation of senior living residents
By
Kimberly Bonvissuto
Oct 26, 2021
ATLANTA — The pandemic influenced and supported a desire among older adults to age in place rather than move into seniors housing. Now, according to experts, the industry needs to proactively respond...
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...