On a summer's morning at Mountainside Apartments, an affordable housing community in Rancho Cucamonga, Calif., the property is alive with activity as kids play at the pool, ride bikes, roller skate, and simply hang out. But around noon, things start to settle down. Many resident children head toward the clubhouse for lunch. Other area kids – who participate in the summer lunch program – join them.
CCRC. ADL. IL. IA/IL. What does it all mean? If you don't know, you might want to think twice about entering the senior housing market. From the outside, senior housing might look a lot like traditional multifamily housing, but on the inside, it's an industry with its own set of operational challenges.