Trends in Senior Living Development and Repositioning
It wasn’t that long ago when every home had a landline telephone, and cell phones were considered a luxury. Today, much of the technology that worked 20 or even 10 years ago is outdated. The same is true for senior living. Many of the amenities that used to attract residents are woefully inadequate today – a single spacious dining hall, a game room for Bingo, and a swimming pool aren’t enough to meet their needs, interests, and expectations. However, many communities have ‘good bones’ and can be repositioned or renovated for seniors today and for years to come.