Report: Housing for seniors grows at modest pace in U.S.

Share this article:

Construction of seniors housing is taking place at a pace similar to last year's, a new report says.

A total of 32,138 units of non-subsidized seniors housing are being constructed in 283 new properties and 54 expansion projects. In 2004, a total of 32,184 units were built, according to The Seniors Housing Construction Report 2005.

Compared to 1999, construction of seniors housing is growing at a modest pace. A peak year, 1999 saw more than 65,000 units built in the United States. Housing in the report is broken down into the following categories: continuing care retirement communities, assisted living, independent living and senior apartments.

The report, which was released by the American Seniors Housing Association and the National Investment Center for the Seniors Housing & Care Industries (NIC), also found that more than half of the new housing consists of properties oriented to independent seniors. California has the greatest number of new seniors housing properties being built

Share this article:

More in News

Also in the news for Sept. 22, 2014

ER support program can reduce hospital admissions among seniors, study says ... Researchers find defect that may lead to Alzheimer's ... Technical glitch may cause milions in payment delays for physicians who adopted EHRs

Enterovirus hits KY nursing home

Nine residents at the Heritage Hall nursing home are confirmed to have a strain of enterovirus, according to local reports.

AHCA applauds Senate passage of IMPACT Act

The Senate approved the Improving Medicare Post-Acute Care Transformation Act, drawing praise from the American Health Care Association and the National Association for the Support of Long Term Care.