At the $500 million Mather life plan community currently under construction in the D.C. metro area, 80% of the units are pre-sold and two-thirds of the depositors are of the baby boomer or Generation X ages. On top of that, a third of the community’s future residents are part of minority demographic groups.
Having such a young and diverse resident population is “rare” for senior living, Mather CEO Mary Leary said last week in the keynote talk at Senior Housing News’ WELLNESS/DISHED conference in Orlando.