Independent Living Apartment to Assisted Living (Residential Care Apartment Complex) - Conversion, Background, and Issues

Health Care

April 01, 2008
by Mike Edwin, MBA

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Mike Edwin Mike Edwin, MBA

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Many senior independent living apartments in Wisconsin are experiencing chronic, longer term vacancies due to several factors—not the least of which is the aging population that has not grown as significantly in the past 10 years as it will in the next 20. To resolve the occupancy issue, many senior independent living operators should consider the strategy of conversion to a Residential Care Apartment Complex (RCAC), which is a regulated and licensed assisted living alternative in Wisconsin.

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