Innovation in Senior Housing Essential and Not for the Faint of Heart
Senior housing innovations looked at in this white paper by Michelle Holleran, Ph.D.
Continue Reading "Innovation in Senior Housing Essential and Not for the Faint of Heart"
Senior housing innovations looked at in this white paper by Michelle Holleran, Ph.D.
Continue Reading "Innovation in Senior Housing Essential and Not for the Faint of Heart"
The US says it will seek an effective treatment for Alzheimer's by 2025, as it faces an ageing population and spiralling health costs.
High on a bluff overlooking the Mississippi River and I-35E, a construction crew toils away on a 120 unit senior housing community being built by Southview Senior Living and developer John Wall.
Although located in the tiny town of Lilydale, the development takes place in one of the hot spots for senior housing in the Twin Cities -- Dakota County. Southview has developments in West St. Paul and Inver Grove Heights, as well as communities in other parts of the metro.
And Dakota County Community Development Agency manages 24 senior housing complexes with more than 1,300 units, one of the larger senior portfolios in the region. But Dakota County is hardly alone in seeing more senior housing as the region and the nation climb out of a recession.
"Senior housing is one of the darlings of the real estate industry now, along with single occupancy apartments," said Thomas R. Melchior, director of market research at CliftonLarsonAllen LLP. "Projects are being planned all around the Twin Cities. Name a community and there's someone planning to do a senior housing project in it, or right next door."
Continue Reading "Housing hot spots - Ecumen featured by Star Tribune"
The nation is gearing up for an impending “silver tsunami,” and part of that includes making sure senior housing communities are prepared to care for a growing number of seniors with memory impairments.
Continue Reading "The Growth of Memory Care in Assisted Living Development"
Big things are happening at Ecumen Bethany Community. Ecumen, a nonprofit senior housing and services company, is expanding senior living and service offerings in Alexandria. Ecumen Bethany Community recently started a $3 million renovation and expansion project that will improve short-term rehabilitation services and introduce memory care.
Read the complete story in the Alexandria ECHO Press, or click on the title, above.
Continue Reading "Ecumen Bethany Community begins $3 Million Expansion"
If you're interested in business models, strategies, or investing in the senior living industry, you won't want to miss the upcoming online conference titled, "The Big Picture: Not-For-Profit Vs. For-Profit Senior Living" on Thursday, March 8th at 1:00 pm ET. Steve Ordahl, Ecumen's Senior Vice President of Business Development, will be one of the senior living experts leading this panel discussion.
LeadingAge and Michele Holleran have a good article on innovation in senior housing, services and beyond. What an opportunity to shape the future!
Continue Reading "Innovation in Senior Housing and Services and Beyond"
Two senior housing communities developed by Ecumen were honored this week with national awards for innovative interior design approaches for housing for people with Alzheimer's or dementia.
Read the full article online here.
St. Mark’s Lutheran Home, area business leaders, and families and friends of the senior living community marked the beginning of a year-long redevelopment and expansion with a groundbreaking ceremony on Friday, January 27. Ecumen, which manages St. Mark's Lutheran Home, will lead the development of the project.
Continue Reading "St. Mark's Lutheran Home Holds Groundbreaking for Major Expansion"
St. Mark's Lutheran Home has closed on financing for a $13.4 million redevelopment and expansion of the Austin senior community campus. Renovation and expansion will add or enhance: assisted living apartments, memory care apartments, short-term rehabilitation services, long term care, occupational and physical therapy, gathering spaces and entryways.
Continue Reading "Expanding and Improving Senior Living & Services at St. Mark's in Austin"