The state's over 60 population is expected to increase from 1.1 million to 1.3 million over the next ten years and more assisted living centers will be built to accommodate those people. Three months ago Baran Partners opened a 44-unit center in Lenox following a 42-unit center that made its debut in Clinton three years ago. In Acton, Haydu, Lind and Angelakis recently began construction on a mixed-use senior housing complex. It will have 31 detached houses and a building with 80 assisted living and Alzheimer's units as well as 20 independent-living units.
Assisted living centers cater to elderly people who do not require constant medical attention. The state's executive office of elder affairs began certifying these residences four years ago, when there were 19 of them. There are currently 153 serving over 8,500 people.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
