When it comes to best serving families searching for senior living, there is a lot be learned from other industries. In this episode of Off Your Rocker: A SeniorVu Podcast we talk real estate trends and technology with Jeannette Cox of Oddo Development. Oddo Development is a premier industrial, residential and multifamily developer, contractor and management company founded in 1966 for commercial properties. In 1986, they completed their first multifamily community. Today their portfolio contains hundreds of projects throughout the Midwest. Their company’s vision is simple: Improving the Way We Live.
Jeannette has 18 years of experience in this industry and has seen a tremendous amount of growth and change in that time frame. Not only from a business perspective but in how consumers trends and behavior has driven the company’s focus. She has seen a shift in the reason why people make a move to multifamily structures. For example, amenities are important for a family home but it’s the family’s experience in that home and the surrounding neighborhood that has become more driving force behind consumer behavior over the last several years. Jeannette says, all generations are now paying more attention to specific elements like the properties walking score. They want to know what is within a comfortable walking distance of their home for their family to enjoy.
In this podcast, Jeannette talks about the trends they are seeing in older adults, the percentage of seniors going from their home of 40 years to apartment living, sometimes in preparation for senior living down the road. Oddo Development is actually designing multifamily communities specificially for the older generations.
To understand how technology has evolved the multifamily industry and how it applies to work taking place in the senior living industry, listen to this episode of Off Your Rocker: A SeniorVu Podcast.