Building for the middle market means a ‘fair product at a fair price’
By
Kimberly Bonvissuto
Nov 16, 2023
When Washington state-based Wesley embarked on a total redevelopment of its more than 80-year-old campus, executives reached into their history of mission and service to target a growing area of need:...
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.
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...
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...
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...
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...
Senior housing future must prioritize affordability, connected health services, experts say
By
Kimberly Bonvissuto
Dec 09, 2022
Consumers are going to force change in senior living due to their enormous needs and demands — but not for the products that exist today, according to industry experts.
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...
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...
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...