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“Creative solutions” has taken on new life as a buzz phrase after a report revealed costs for nursing home care rose a whopping 2.4% in July.
An estimated 18 million middle-income baby boomers will not have enough to pay for care for moderate to severe needs, according to one analysis.
This segment of senior housing is primed for growth, but it is not without risks.
It is increasingly rare for developers to build new assisted living seniors housing without including a wing or a floor of memory care seniors housing.
By Linda Baker of the New York Times The pandemic crushed the senior housing market, cutting occupancy rates and stalling construction. Now, as the market begins an uneven rebound, developers are adapting to the coming wave of aging baby boomers with a new crop of living developments. Specialize ...