News

Memory Care Development: Market Update and Financing Options
12/9/2017

Memory Care Development: Market Update and Financing Options

Every 66 seconds, someone in the U.S. is diagnosed with dementia, the most common form being Alzheimer’s disease. As of July 1, 2017, there were an estimated 5.5 million Americans living with the disease according to the National Investment Center for Seniors Housing & Care (NIC)

Is Memory Care Mandatory? Providers Build and Expand to Keep Up With Demand
8/8/2016

Is Memory Care Mandatory? Providers Build and Expand to Keep Up With Demand

According to the Alzheimer’s Association, one in eight people over the age of 65 has some form of Alzheimer’s. Further, nearly half of seniors age 85 and older have it. Compounding this trend is the fact that by 2030, the population of seniors is expected to double, reaching nearly 74 million.1 This is a message to senior living providers that existing residents who are not necessarily considered to have cognitive impairment may very well need some level of memory care (MC) programing and related assistance. As such, is MC becoming a necessary component of all seniors housing and care facilities? A look at current development trends coupled with rapidly changing demographics suggests the answer is yes.