High-Rise Developments Become Option For Senior Living

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July 06, 2016

Many younger, active seniors are shying away from suburban living centers and considering urban high-rise condos.

Realtor.com highlighted a Dallas couple in their early and mid-70s. They found a high-rise, Ventana by Buckner that will be completed by 2018, that will be located near theaters, shops, and restaurants, and that will have housekeeping, valet, and a concierge in the building. Most importantly, the development will contain skilled nursing, physical rehabilitation, and assisted-living and memory-care services.

Of course, the perks and the opportunity to live in a vibrant area of a major city aren’t cheap. Buy-in prices can be high-six figures or more than $1 million, and monthly rental prices can range from $5,000-$10,000.

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