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The aging population is the fastest growing population in the US, and the demographic is dramatically changing senior living communities. Seniors, who are living longer and healthier lives, want similar high-quality amenities as a hotel or class-A apartment complex and proximity to local entertainment amenities and walkability. In Phoenix, there is a significant retirement community and a growing demand for high-end senior living communities.

“We are finding that there is an evolution in senior living. People are coming into our communities later in life and on a needs-driven basis, and they are living longer, so we need to give them more,” Alana Mann, president and owner of The Statesman Group, tells GlobeSt.com. “The biggest component that we see changing is that people are more active and they are living longer, and their needs and wants are evolving as they are aging. A 75-year-old is no longer a senior; they don’t look at themselves as seniors. People are putting a lot of emphasis on health and wellness, and they are eating well and staying active. These senior communities are becoming hotels, and they are unbelievable.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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