New upscale senior living communities riding the gray wave

Age-restricted and assisted living communities are evolving. Several facilities in the region — including one with a $120 million investment — are on the crest of innovation.

Colin Marshall, president of Quadrum Global's Senior Living Management Division, is poolside at one of three pools at Amavida, which is scheduled to open in December. JimJett.com photo
Colin Marshall, president of Quadrum Global's Senior Living Management Division, is poolside at one of three pools at Amavida, which is scheduled to open in December. JimJett.com photo
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The “silver tsunami” is building and forward-thinking companies are providing customers with a new level of residential product.

This allows this large demographic to ride the wave into the sunset in a manner that caters to their accustomed lifestyles without drowning in costs associated with the expensive buy-ins of continuing care retirement communities or the responsibilities of property ownership.

 

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