Spurred by increased industry competition and opportunity from the long-awaited baby boomer arrival, seniors housing executives with operating experience are launching management companies. It’s a start-up wave occurring amidst a surge in construction. Owners and investors, looking for new approaches, are eager to partner with new firms run by experienced managers to quickly fill new projects and boost occupancy at old ones. At the same time, multifamily developers sense an opportunity and are creating new divisions headed by seniors housing pros ready to tweak old formulas to attract younger retirees. …
Technology
If senior living could have a fresh start, what could it look like? That’s the question asked by global architecture firm Perkins Eastman in a year-long investigation, co-sponsored by J+J Flooring Group, to identify the external influences that have the potential to reshape where seniors live, what they do, and how they access healthcare.