Senior Housing News August 7, 2024
Austin Montgomery

Aegis Living is developing multiple new communities in 2024, setting the company up to serve the incoming demographic of older adults with Alzheimer’s and dementia.

It’s no secret the baby boomers are looking for something novel in senior living, and that many of them will require memory care services. By 2060, it is projected that 6.7 million individuals aged 85 and older will have Alzheimer’s disease, accounting for nearly half of all people aged 65 and older with the condition, according to a recent report by the Alzheimer’s Association.

Aegis CEO Dwayne Clark sees the next 24 to 36 months as an opportunity for well-positioned operators to capture a “big need” of a very deep market for assisted living and...

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