Seniors Housing Business Takes Home Two NAREE Awards

AUSTIN, Texas — Seniors Housing Business has captured two awards at last week’s annual meeting of the National Association of Real Estate Editors (NAREE) in Austin.

The magazine won a bronze award for “Best Commercial Real Estate Trade Magazine,” its third for that category over the years. “The editors authoritatively give their readers what they need to know about this evolving, specialized industry, such as vital statistics that can help them understand and predict their market,” the judges said. “Top experts weigh in on how they feel about everything from stand-alone memory-care developments (vulnerable to overdevelopment) to price (the average cost of private-pay assisted living is $3,638 per month).”

Contributing writer Jane Adler also won Honorable Mention for her article “Investors Rethink Memory Care” that appeared in Seniors Housing Business May-June 2018 edition. The judges said of the winning entry: “With more than 5 million Americans living with Alzheimer’s and other forms of dementia, there’s a huge need among families and investors for quality information about memory-care facilities. Adler’s well-reported, numbers-filled piece gives critical statistics (the occupancy rate at stand-alone memory-care units is 81.1 percent, down from a peak of 86 percent in 2014). She explains why most investors are bullish on properties that combine independent and assisted-living buildings, with or without memory units.”

The 2019 NAREE Awards were judged by a team of faculty and students at Northwestern University’s Medill School of Journalism. This was the 69th annual awards ceremony, recognizing excellence in reporting, writing and editing stories about residential and commercial real estate.