Most development I have seen across the country has been for residents with Alzheimer’s. Will it be enough? If you know anyone that has Alzheimer’s, it is a terrible disease. As the US population ages and grows, the number diagnosed is expected to triple by 2050. They are predicting close to 14 million people will be affected by the disease. This is millions more that previously anticipated.
This is going to be a huge challenge for our society and will challenge caregivers, facilities and personal financial safety nets.
Owners and operators of Seniors Housing should be preparing now for the tidal wave of those affected with Alzheimer’s disease. Repositioning assisted living and independent living facilities is an ideal way to serve these residents.
If you have thought about buying or selling a memory care, Alzheimer’s, or assisted living facility, please contact Ryan Saul.