Only 6,000 ILUs were built in the US in 2010, according to Robert Ezer of Baybridge Seniors Housing (Ontario) at the Terrapinn Retirement World Conference last week. This compares to 1999 when construction peaked at 65,879 ILUs. He sees no change in the uptake in the US market either, because of the mortgage crisis, despite the accelerated ageing of the population. This tells us that the village market can hold off the decision to move.
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$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors
The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.