Senior Housing News November 15, 2024
“Going green” isn’t just good for the environment – it’s also sometimes good for operators’ bottom lines.
In recent years, senior living operators including Transforming Age, HumanGood and Rose Villa have undertaken green energy initiatives such as creating energy efficient neighborhoods, solar panels and electric vehicle charging stations to make their communities more energy efficient and save on utilities. But doing so also has another benefit: Some residents are in 2024 increasingly requesting more environmentally friendly features on campus. Operators undertaking such plans say it may take years to see a return on their initial investments – but it is still well worth doing in the meantime.
For example, Portland, Oregon-based Rose Villa has two zero-energy neighborhoods with renewable energy...
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