Senior Housing Real Estate Investments

Independent living communities are designed with:

Multiple units meant to provide residence and amenities for senior adults.
The units are often one to two-bedroom apartments, complete with kitchens and laundry facilities.
Residents have the ability to come and go as they please, cook their own meals, and care for themselves while receiving the social benefits of living in community with other senior adults.
Supportive services are typically available to residents upon request. These services can include: meals, housekeeping, laundry, fitness classes, social activities, and transportation. These services are usually offered to the residents for an additional cost to their monthly housing fee. Some independent living facilities are strictly residential units where senior adults live without the options of additional supportive services. These types of facilities are more often referred to as senior apartments.

Assisted living facilities are designed with:

Multiple private units meant to house residents who are disabled or unable to live independently.
Coordinating services of outside healthcare providers
Supportive services to residents including: meals, laundry, housekeeping, medication reminders, and assistance with activities of daily living such as bathing, grooming, eating, dressing, toileting, shopping, and managing money.

Because assisted living facilities are regulated on a state level rather than a federal level, differences exist between the services and level of care offered from one assisted living facility to the next.

Memory care facilities are licensed healthcare facilities that specialize in caring for senior adults living with Alzheimer’s Disease, Dementia, and other cognitive impairments. These facilities exist to provide an assisted living environment for their residents to continue to live engaged, social, and active lifestyles while their physical and emotional needs are met by an onsite nursing staff.

Residents typically receive services that include:

Activity planning to stimulate cognitive abilities
Meals
Assistance with personal care and medications
Housekeeping & laundry
Exercise programs
Transportation

Additionally, these facilities are highly secured to protect residents prone to wander. While many memory care units operate independently, others are a special care unit within a general assisted living facility.

Skilled nursing facilities have a licensed nursing staff 24 hours a day for patients requiring care and supervision. Often times these facilities offer rehabilitation and other specialized services to those recovering from an accident, surgery, or other health issues.

These services could include:

Physical therapy
Speech therapy
Occupational therapy
Social services
Medications
Other services necessary to the health and wellness of the patient.

These facilities are more appropriately defined as senior care rather than senior housing. The patient’s stay is usually shorter-term and they are able to receive a higher level of treatment than the other previously mentioned facility types.