Opus Newton in WSJ
Read more about the senior living community designed for the middle class in our write-up in The Wall Street Journal on March 7, 2023.
“A 2019 study by NIC and the University of Chicago projected that by 2029 there will be 14.4 million middle-income seniors ages 75 and older in the U.S., and about half will be unable to afford private-pay senior housing, according to the study named ‘The Forgotten Middle.'”
“2Life said it can achieve a lower price point by breaking from the traditional senior facility model, with policies such as serving group dinners only three nights a week and requiring residents to volunteer 10 hours a month. The entrance fee starts at $395,000, which is about one-third the entrance cost at other senior housing facilities.”