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We are on the verge of the largest boom of people turning 75+. By 2015 most local populations will see the age groups of 75+ and 85+ double. Investors don't just throw money away to build a community of this size. There are numerous studies done before zoning is changed.
Senior housing is not what it use to be, it's a vibrant, thriving community of mature adults. Combine this with a retail and office component and you have a new type of senior housing; one that integrates the local community and the seniors. It helps bring locals to the community to do shopping, this in turn helps the seniors keep young, and feel they are part of the community at large, not isolated.
Just because something is HUD financed does not mean that Uncle Sam is paying for it.
Last login: Tuesday, July 23, 2013