Broadly, a confluence of two industries: skilled nursing and rental housing for the elderly. Today the senior housing industry can be divided into three categories, defined by the services offered: Independent/Congregate Living, Assisted Living, and Skilled Nursing.
Age-restricted housing for older adults who are able to care for themselves and live independently. Usually no additional services such as meals or transportation are provided.
(includes Assisted Listing, Congregate Care, Senior Apartments and Skilled Nursing Centers) multiâ€“residential property specifically designed for care of senior citizens and/or physically disabled persons.