Senior living developers preparing for 'silver tsunami'

Senior living facilities ramping up expansion efforts as the oldest baby boomers are beginning to need their services


Senior living operators are ramping up their expansion efforts as the a "silver tsunami" of the oldest baby boomers are beginning to need their services, according to an article on the Biz Times website.

“Over the last three years, our organization has changed a lot,” Capri Communities founder James Tarantino said. “The silver tsunami has reached us.”

Many of the facilities elderly people are moving into today have far more amenities than their grandparents would have expected.

“When we started, people thought of our buildings as a nursing home,” Tarantino said. “Now, as people in their 70s look at how they want to spend the rest of their lives, they want more.”

The idea of giving seniors more than a bed and three square meals a day has resonated with Tarantino and other operators. Today’s senior living complexes are a hybrid of luxury apartment, four-star hotel and healthcare facility.

Read the article.

 

 



August 8, 2017


Topic Area: Industry News


Recent Posts

The Top Three Pathogens to Worry About in 2026

Key viruses to watch out for and how to prevent them.


Blackbird Health Opens New Pediatric Mental Health Clinic in Virginia

It offers comprehensive evaluations, therapy and medication management under one roof.


Baptist Medical Center Jacksonville to Get Inpatient Rehabilitation Unit

Baptist Center for Inpatient Rehabilitation, managed by Brooks Rehabilitation, is expected to see its first patients in spring 2027.


Building Envelopes Emerge As Key Facility Components

From enclosure commissioning and air-moisture control to decarbonization and thermal comfort, exterior systems affect energy efficiency and resilience.


Catholic Medical Center Breaks Ground on New Central Energy Plant

The new central energy plant is expected to be completed in early 2027.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.