This very informative article from Advance for Long-Term Care Management discusses redesigning existing spaces in order to avoid the cost and risks of new construction.

Senior living providers and design professionals alike take great pride in their ability to solve problems by thinking “outside the box.”  However, today’s shrinking financial margins, rising interest rates and escalating uncertainty in home sales require a new approach to counteract sluggish sales and deteriorating housing stock. These challenges can be answered by thinking “inside the box” to make existing inventory work harder while avoiding the costs and risks associated with new construction.

Click here for full article: