Sodalis President, Traci Taylor-Roberts, Featured in Senior Housing News
Traci Taylor-Roberts, the President of Sodalis Senior Living, was recently featured in a story by Senior Housing News regarding a new trend in the senior living industry called the ‘half-back phenomenon.’ It relates to older adults who moved to places like Florida after retirement, and are now moving to cities about half the distance back to their original homes.
Here is an excerpt from the article…
In the coming years, the senior living industry faces an interesting trend called the “half-back phenomenon.”
No, this is not related to football. Instead, the term refers to older adults who moved to places like Florida after retirement, and are now moving to cities about half the distance back to their original homes. The phenomenon was detailed in a new NIC MAP Vision report.
This and other trends mean that operators will have opportunities to attract older adults where they are living and aging in place, “even in metros with stagnating or even declining total populations,” according to NIC MAP Vision.
On the secondary market side, NIC MAP Vision highlighted Austin, Texas for its cultural scene, climate, relative affordability and diverse population. The city is “projected to see the highest percentage increase in its senior population, nearing 40% by 2024,” according to NIC MAP Vision.
But keep in mind that just last month, we reported on the lengthy power outages that senior living communities in the Houston area experienced after Hurricane Beryl.
Sodalis Senior Living President Traci Taylor-Roberts spoke about the costs incurred by the storm and its aftermath, including between $50,000 and $100,000 to bus residents out of one affected community.
To read the article in its entirety, CLICK HERE.