The 234 Apartment

NEW YORK – Aug. 22, 2017 – With all the talk about aging baby boomers and life- extending health care advances , it might be a bit bewildering deciding which seniors housing assets are best primed for success. Lee Everett, managing consultant at research firm CoStar Portfolio Strategy , might be able to provide some clarity. Two product types – active adult communities and continuing care retirement communities (CCRCs – will be the winners in the seniors housing race both in the short and the long term, Everett says. Everett and his CoStar colleagues are bullish about active adult communities , which are age-restricted developments that offer an independent lifestyle and relatively maintenance-free housing. Growth in this segment is "just around the corner," with more baby boomers getting older and seeking alternatives to traditional homes and apartments. "We're looking at a period where there's going to be a lot of fast and explosive growth in active a...

David Engberg wheels through the third apartment he’s had in two years. PHOTO BY KARLOS RENE AYALA David Engberg and James Clark cling to their independence by a thread. Both men were born with cerebral palsy and live off Supplemental Security Income , or SSI—a stipend that puts them under the federal poverty line . So far, they’ve managed to keep a roof over their heads by splitting the cost of rent. But since the affordable housing crisis hit , the roommates have been priced out of two apartments in just two years. The stressful shuffling was witnessed by Jennifer Schmidt, their case manager at InAlliance, a nonprofit that provides employment and living services for people with disabilities. Advocates such as Schmidt are becoming increasingly alarmed by the way skyrocketing rents are affecting Sacramento County ’s 14, 000 disabled residents . Several independent surveys suggest Sacramento is experiencing some of the largest rent increases in the nation. Few feel those tectonic ma...

WEST YARMOUTH, Mass. , Aug. 17, 2017 /PRNewswire/ -- Mill Hill Residence , a Maplewood At Mayflower Place community , will announce its grand opening on Wednesday, August 23 rd from 4:00 PM to 7:00 PM at the former site of the Mill Hill Club at 164 MA-28 in West Yarmouth . Attendees will have a first look to see the residence and experience its personalized services and amenities.    Maplewood Senior Living )" src="https://mma.prnewswire.com/media/546334/Maplewood_Senior_Living_Grand_Opening.jpg?w=800" alt="(PRNewsfoto/ Maplewood Senior Living )" class="img-responsive" /> (PRNewsfoto/ Maplewood Senior Living )... In attendance at the event will be Representative William L. Crocker, Jr. and Yarmouth town officials including Town Administrator Daniel Knapi...