Alexi Senior Living Matteson IL Rendering

Alexi Receives $17.7M HUD Financing for Assisted Living Development Near Chicago

Originally Published at https://seniorshousingbusiness.com/alexi-receives-17-7m-hud-financing-for-assisted-living-development-near-chicago/ MATTESON, Ill. — Alexi Senior Living Corp. has received $17.7 million in HUD financing, allowing the company to start construction of Alexi Senior Community in Matteson, a southern suburb of Chicago. Upon completion the property will feature 55 assisted living and 20 memory care units. The 81,500-square-foot building will be the first of four planned for …

housing for seniors

8 Tips for Building Owners with Housing for Seniors

With over half of the U.S. population, over 65 million, over 50 and heading households, it’s clear that in the next decades, the demand for a wide range of housing for seniors with diverse needs must be met.  In fact, a researcher in demographics from the University of Virginia by the name of Hamilton Lombard says that the community of over-65ers will …

largest senior living companies

Does It Scale?: Pros and Cons of the Largest Senior Living Companies

It is estimated that by 2050, more than a fifth of the United States population will be over 65 years old. This is a 15.6 % increase than where it stands today! With the ever-growing aging population, investors are looking for the best ways on how to care for the senior community. Different surveys have indicated that there are over …