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...
Senior living community rebrands to attract middle-income older adults, adds nursing care
By
Kathleen Steele Gaivin
Jul 21, 2022
A Westland, MI, senior living community that was slated to close last year has found new life with rebranding meant to attract interest from middle-income older adults.
Lloyd Jones launching Sage Hill brand to appeal to middle-income older adults
By
Kathleen Steele Gaivin
Mar 04, 2022
Marietta, GA-based investment firm Lloyd Jones is set to launch a new brand, Sage Hill, aimed at middle-income older adults looking for assisted living and memory care.
Headwaters Group officially launches in middle-market active adult rental space
By
Kathleen Steele Gaivin
Jan 06, 2023
Denver-based Headwaters Group formally announced its launch Wednesday to serve middle-market active adults.
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
Middle class declines, but not necessarily middle-market senior living opportunities
By
Kathleen Steele Gaivin
May 23, 2022
The percentage of middle-income seniors has declined over the past 50 years, according to a new analysis, but those results don’t necessarily mean that there will be fewer middle-market senior housing...
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...
NIC’s Mace transitions to advisory role
By
Kathleen Steele Gaivin
Jun 08, 2023
The National Investment Center for Seniors Housing & Care disclosed Tuesday that Beth Burnham Mace is vacating her role as chief economist to become a consultant and special adviser for the organization.
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...
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...