Aging-in-Place Strategy

January 05, 2026

Good morning!

A new year brings a clean slate, but progress still comes down to execution. We’re starting with focus, accountability, and the right systems in place to support smarter work.

— Lucas Robinson, Founder & CEO at BudgetMailboxes.com

🎯 This Week’s Strategy:

  • Aging-in-Place Strategy


🤝 Boardroom Brief:

  • The $947M Deal That Didn’t Close: A Lesson in Real Estate Risk

Strategy

🎯 Aging-in-Place Strategy

As the population ages, more residents are choosing to remain in their homes rather than relocate to assisted living facilities. An Aging-in-Place Strategy enables property managers to proactively adapt properties, services, and operations to support long-term residents, improve retention, and unlock new demand from older renters and homeowners.

For property managers, this strategy is not only about accessibility, it is about future-proofing assets, increasing occupancy stability, and positioning properties as safe, livable communities for all stages of life.

How Property Managers Can Implement an Aging-in-Place Strategy

1. Assess Property Accessibility & Safety

The foundation of aging-in-place is ensuring residents can move safely and independently throughout their homes and common areas.

Action Steps:

  • Conduct accessibility audits of units and shared spaces to identify fall risks or mobility barriers.

  • Evaluate lighting, flooring, stairways, and entry points for safety improvements.

  • Review compliance with ADA and local accessibility standards, even for non-regulated properties.

2. Upgrade Units with Age-Friendly Features

Small design upgrades can significantly improve comfort and safety while adding long-term property value.

Action Steps:

  • Install grab bars in bathrooms and non-slip flooring in kitchens and showers.

  • Offer lever-style door handles, touchless faucets, and easy-open cabinetry.

  • Consider walk-in showers, wider doorways, or single-level living layouts where feasible.

3. Leverage Smart Technology for Independence

Technology can support aging residents without compromising privacy or autonomy.

Action Steps:

  • Implement smart thermostats and lighting systems to reduce physical strain.

  • Offer smart locks or keyless entry for easier access.

  • Use maintenance monitoring tools (e.g., leak detection, HVAC alerts) to prevent emergencies before they occur.

4. Adapt Maintenance & Service Models

Older residents often prioritize responsiveness, reliability, and clear communication.

Action Steps:

  • Provide priority or scheduled maintenance options for aging residents.

  • Train maintenance staff on accessibility awareness and respectful in-unit service.

  • Simplify service requests through concierge-style support or assisted digital tools.

5. Build Community & Support Partnerships

Aging-in-place is strengthened when residents feel socially connected and supported beyond their unit.

Action Steps:

  • Partner with local healthcare providers, wellness services, or home-care agencies.

  • Host low-impact fitness classes, wellness checks, or educational workshops on-site.

  • Create community programs that reduce isolation and encourage engagement.

Why This Strategy Matters

Implementing an Aging-in-Place Strategy helps property managers:

  • Increase resident retention and reduce turnover costs

  • Differentiate properties in a competitive market

  • Expand appeal to a growing demographic segment

  • Enhance property value through thoughtful, future-ready upgrades

By planning now, property managers can meet evolving resident needs while building more resilient, inclusive, and profitable communities.

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Boardroom Brief

The $947M Deal That Didn’t Close: A Lesson in Real Estate Risk

A $947 million deal to sell 119 JCPenney store properties collapsed last week and has now escalated into a high-stakes lawsuit, offering a cautionary lesson for property owners and managers involved in large-scale transactions. The buyer, Onyx Partners, alleges the seller, Copper Property Trust, acted in bad faith by violating a no-shop clause, failing to deliver a clean tenant estoppel certificate, and using lease disputes as a pretext to derail the closing while pursuing higher bids elsewhere. For property managers, this case underscores the critical importance of clean lease documentation, proactive tenant coordination, and disciplined deal governance, especially when managing assets tied to legacy retailers or bankruptcy-era structures. Estoppel certificates, closing extensions, and tenant-landlord alignment are not procedural details; they are deal-critical risk factors that can determine whether a transaction closes or ends in costly litigation.

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