Senior Living

Today, approximately 47 million seniors live in the U.S., nearly 15 percent of the population, and this number is predicted to rise to more than 78 million by 2035. For many seniors, independent living is becoming an attractive option when they are seeking more companionship but want to retain their independence. These living centers are almost like mini vacation resorts, with restaurants, salons, entertainment, and well-manicured grounds. Many facilities are a hybrid, with services ranging from independent living to full-time nursing care. Centers operate 365 days a year, 24 hours a day, and with this variety of offerings and services, buildings are resource-intensive.

What Challenges is the Senior Living Industry Facing Today?

Measuring, benchmarking and tracking resource use can be complicated across a large portfolio. Each facility may have multiple types of spaces, including kitchens, shops, on-site health clinics and pharmacies, laundry centers and of course individual living spaces. And it’s here, in the living spaces, where facility managers face the unique challenge of managing hundreds of independently-controlled resident rooms using energy and water. Waste streams are also increasing complex, not only for the various waste from both common and individual areas, but medical waste is highly regulated and risk-intensive. Even with these challenges, senior living communities are consistently ranked as the strongest investment type across all residential property investments.

28K+

senior living communities in the U.S.

8,200+

sites managed

$374M

in utility spend managed

$24M

in savings for senior living clients

What Senior Living Trends Support the Sustainability Transformation?

What Should Senior Living Facilities be Thinking About?

Some of the following actions can help senior living communities address current trends and external pressures while maximizing savings and resource efficiency.

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