NEW YORK: The hundred and sixty-first entry for the seniors housing Global Award for 2015 has been received.
John Thorhauer, president and CEO of Chelsea-based United Methodist Retirement Communities, has been entered in the seniors affordable housing category.
“The people we’re starting to see (retire) now,…frankly, have less pension programs available, or their pension programs have been cut.”
The percentage of the population entering retirement and its need for affordable housing has grown faster than the availability of senior housing options, he said…