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The recently released data show the national average monthly rental rate asked for senior housing is $3,595. The NIC data suggest a slow, steady climb in asking rents amidst a plateauing senior housing and care market across many regions of the country.
The project is planned for the northeast corner of 56th Street and Lexington Avenue. Slated for a late 2019 opening, the residential community will promote wellness for its senior residents in need of high-quality assisted living and memory care services.
Aging Baby Boomers are fueling the residential remodeling industry by choosing to age in place. Many elderly people are making home modifications to make aging in place possible.
Residents at Harbour’s Edge on Monday (Aug. 1) witnessed the transformation of the retirement community’s library into a Lifelong Learning Center. The new technologies and spaces are designed to meet the needs and wants of today’s seniors and generations to come.
Real estate developer, building and management firm HHHunt is expanding its senior living division in North Carolina. The expansion includes the development of a new Spring Arbor senior living community in Cary, NC, and the addition of Alzheimer's and related dementia memory care services at existing Spring Arbor communities in Albermarle and Durham, NC.
If low-income individuals -- including the elderly -- are to have a fair shot at securing affordable housing, advocates need to step up to the plate and press state-level policymakers into doing the right thing, says John Henneberger, co-founder of the Texas Low Income Housing Information Service and a longtime advocate of fair and affordable housing.
A newly published issue brief from the Pew Charitable Trusts introduces housing professionals and policymakers to the concept of health impact assessments (HIAs) and explains how such studies can improve decisions about projects, policies, and programs in the areas of housing and community development.
More older adults are homeless or at risk of homelessness than at any time in recent history. As the population ages, more adults are aging into poverty. The lack of affordable housing and higher costs for health care and other necessities are also leaving greater numbers of older adults at risk of poverty and homelessness, and systemic economic problems are contributing to the problem.
Massachusetts Rep. Diana DiZoglio (D), angered over the murders of three elderly public housing tenants, accelerates the push of her legislation to create a government mechanism to protect the elderly and disabled from crime in public housing.
Rent control in Los Angeles mostly applies to multifamily buildings built prior to October 1978. Often times rent-control apartments are residences for low-income families and seniors on fixed incomes. When a new tenant moves in, a landlord can set the rent as high as someone is willing to pay, but rent increases in subsequent years would be capped. Lately, though, building owners are using a controversial state law to bypass the rent control rules.
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