5.9 million more could afford senior living if annual costs were cut by $15,000
By
Lois A. Bowers
May 21, 2019
But where will those cuts come from? The National Investment Center for Seniors Housing & Care is looking to operators, develops, builders and others for answers.
As report cites older adult struggle to meet expenses, expert says HCBS proposal won’t help middle...
By
Kimberly Bonvissuto
Apr 26, 2021
Older adults are struggling to meet cost-of-living expenses in the nation’s 100 largest metropolitan areas, according to a new report from UMass Boston’s Gerontology Institute. But federal, state and...
Middle-income Amerians nearing retirement face worsening health, fewer resources
By
Kimberly Bonvissuto
Aug 25, 2023
Middle-income Americans nearing retirement face worsening health and economic well-being, according to a new Health Affairs study.
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...
Lender gives reasons to be ‘bullish’ on senior housing and care
By
Kathleen Steele Gaivin
Sep 30, 2021
The senior living sector no doubt has seen pandemic-related challenges, but “the fundamentals of the business are sound,” according to Matthew Ruark, senior vice president of commercial and healthcare...
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
New report offers 4 ideas to meet the needs of the ‘forgotten middle’
By
Kimberly Bonvissuto
Jan 10, 2024
A new report released Tuesday by the Milken Institute presents four potential solutions to improving the financing and delivery of housing for the “forgotten middle,” those whose incomes are too low...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
Report suggests market opportunities for senior living
By
Kathleen Steele Gaivin
Dec 19, 2023
Conventional wisdom that care at home is less costly than assisted living is not necessarily true anymore, according to a recent report from the Joint Center for Housing Studies of Harvard University and...
How to make senior living more appealing
By
Lois A. Bowers
May 06, 2019
A new study projects that at least 54% of middle-income adults in 2029 won’t be able to afford senior living. But even if people can afford it, will they want it?