Category: Housing & Care
My Wife and I Have Moved To A Life-Plan Retirement Community
My last post on the Robust Retirement blog was over six months ago. 2023 was a challenging year for my wife, Carol, and me. We each had to deal with serious health issues, while also serving as each other’s primary care giver. In the fall of 2023, we decided we should move to a senior…
Selecting A life Plan Community in Baltimore for A Parkinson’s Patient
On Thursday, November 9 at 7:00 pm, I presented a webcast for Baltimore’s Parkinson’s community on selecting a Life Plan community. While most Parkinson’s patients are cared for at home and through community-based programs sponsored by MAPS, some Parkinson’s patients will move to a senior housing community as their disease progresses, usually to relieve demands…
LINK TO WEBINAR ON UNDERSTANDING SENIOR HOUSING & CARE OPTIONS – SELECTING A LIFE-PLAN COMMUNITY IN BALTIMORE
On January 9, 17 and 23, 2023, Beth Am synagogue sponsored a 3-session webinar on senior housing and care options and selecting a Life-Plan Community in Baltimore. I led the webinar and was assisted in its preparation and presentation by Becky Bees, Marketing Director of Roland Park Place (RPP), the only Life-Plan Community in the…
LAI MEETING – APRIL 19, 2023 CHALLENGES AND DEVELOPMENT OPPORTUNITIES FOR MD CONDOS USING HIGHFIELD HOUSE AS CASE STUDY
On June 24, 2021 the 12-story, 136 unit, Champlain Towers South condominium in the Miami, FL suburb of Surfside collapsed. The collapse took only 12 seconds, killed nearly 100 people, and was among the worst structural failures in US history. Factors being investigated as causes for the collapse: long-term degradation of reinforced concrete structural support in the…
Finding Happiness In A Senior Housing Community
This post updates one I originally published in 2015 that uses data from a study of nearly 6,900 seniors mostly living in independent living community or an IL unit within a larger, multi-level Life Plan Community. While the study was designed to guide senior housing developers and operators, I use the study results to guide…
Convert Colleges to Senior Hsg. Enrollment Declines Create New Opportunities
I have written three times before on this blog about augmenting college finances and declining enrollment by introducing senior housing on campus or by fully converting small college campuses into senior housing communities. The first time was February 2, 2019, in response to an opinion piece in the Wall Street Journal about the challenges facing…
Are Baby Boomers Now Ready for Seniors Housing?
I am 72. I graduated college 50 years ago and am a quintessential baby boomer. I studied seniors housing and care as a real estate market and stock analyst for more than 20 years. I spent several years raising capital and advising companies in the seniors housing and care space and served on the board…
New FNMA/FHLMC Requirements Set National Standard For Condominium Maintenance
The Federal National Mortgage Association, commonly known as Fannie Mae (FNMA), and The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac (FHLMC), are publicly traded, government-sponsored entities (GSEs) that purchase mortgage loans from banks and mortgage banking companies. GSEs package these loans into mortgage back securities that are sold to investors. This process…
Senior Housing Options
What do we mean when we use the term “seniors housing community”? The industry defines seniors housing communities as properties offer a place to live and varying levels of supportive services. Discussions of seniors housing generally focus on professionally managed, market-rate properties with capacity for at least 25 seniors. Such housing is grouped into four…
Benefits of Retirement Center Living
I thought a letter to the editor published in the Wall Street Journal on November 11, 2021 from Jane Shaw Stroup contained a number of good insights on retirement center living from someone whose husband had recently died after the couple spent five years in a community. Jane Shaw Stroup is a retired nonprofit executive…